EU: Airports lobby to join airlines in European bailout
Airports in Europe are lobbying to be added to any bail-out of airlines, forecasting they will suffer a E14b decline in revenue this year because of the rapid spread of coronavirus and the subsequent international travel restrictions. ACI Europe, the airport industry trade body, forecast that European airports would see 700m fewer passengers in 2020, a decrease in footfall of 28% compared with a “business as usual scenario”. The estimate assumes that current flight restrictions will be lifted by the end of April and followed by a gradual recovery in demand for air travel. In a letter sent to the EC Monday afternoon, ACI urged Brussels to introduce “comprehensive, inclusive and non-discriminatory support to the entire aviation ecosystem”. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-24/general/eu-airports-lobby-to-join-airlines-in-european-bailout
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EU: Airports lobby to join airlines in European bailout
Airports in Europe are lobbying to be added to any bail-out of airlines, forecasting they will suffer a E14b decline in revenue this year because of the rapid spread of coronavirus and the subsequent international travel restrictions. ACI Europe, the airport industry trade body, forecast that European airports would see 700m fewer passengers in 2020, a decrease in footfall of 28% compared with a “business as usual scenario”. The estimate assumes that current flight restrictions will be lifted by the end of April and followed by a gradual recovery in demand for air travel. In a letter sent to the EC Monday afternoon, ACI urged Brussels to introduce “comprehensive, inclusive and non-discriminatory support to the entire aviation ecosystem”. <br/>