18-Nov-2009 1:12 PM

AEA:passenger numbers down 4.5% in Sep-2009; "foundations crumbling", tens of thousands lose jobs

Association of European Airlines (AEA) reports (17-Nov-2009) the following traffic highlights for its member airlines in Sep-09:

  • Passenger numbers: 29.6 million, -4.5% year-on-year;
  • RPKs: -3.4%;
  • ASKs: -5%;
  • Passenger load factor: 79%, +1.4 ppts. [more]

Association of European Airlines: “The foundations for a sustainable European air transport sector are crumbling. Portions of our industry are close to collapse – indeed, we have seen failures among premium carriers, leisure carriers, no-frills and cargo airlines. Some network airlines are ceasing to exist as independent entities. Others are exiting markets that they will not re-enter. Secondary markets are losing service. Tens of thousands of people employed by or sustained by the airlines are losing their jobsThe AEA airlines, collectively, have failed to make a profit in the summer, leaving them ill-prepared to face what will be a heavily unprofitable winter. Decision-makers must realise that a key European resource is under threat and steps must be taken – now – to act positively and decisively to create the conditions under which prosperity can be restored as quickly as possible." Mr Ulrich Schulte-Strathaus, AEA Secretary General. Source: AEA, 17-Nov-2009

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More