European Regions Airline Association (ERA), reported (06-Apr-2010) passenger demand decreased 4.2% in 2009. ERA stated initial indications for 2010 are that demand is beginning to improve, offering a note of "cautious optimism". [more]
European Regions Airline Association: “The economic recession has been worse than the combined effects of the Gulf War and ‘9/11’, making 2009 the most challenging year on record. Nevertheless, ERA has continued throughout to fulfil its role in providing essential air services for Europe’s regions. ERA airlines have even managed to ride the storm better than Europe’s major carriers which recorded a 5.6% traffic reduction. Europe’s regulators must recognize that intra-European airlines are key enablers of economic prosperity, feeding many other industries throughout Europe. They are also a vital link in the structure of European society. Now more than ever, regulators should use us as essential partners in achieving common goals to help ensure that both air transport and Europe achieve stability and progress,” ERA Director General, Mike Ambrose. Source: ERA, 06-Apr-2010.