European airport traffic 'closest yet' to full recovery from COVID-19

Passenger traffic at European airports in April was the closest to a full recovery from the COVID-19 pandemic of any month so far despite sharp hikes in air fares, Airports Council International (ACI) Europe said on Wednesday. The trade association representing European airports said passenger traffic rose 21.1% in April from a year earlier. That was still 7.6% below April 2019, ACI said, but an improvement on the 10.6% decline across Q1 from pre-pandemic levels. The news will likely please airport operators such as Aeroports de Paris and airlines such as Air France and Lufthansa, which took a hit from pandemic-related travel curbs. The ACI said April marked the “closest yet” to a full recovery in traffic from the pandemic, helped by demand over the Easter holidays. “This is quite remarkable when the increase in air fares is more than 6 times above consumer price inflation,” ACI Europe Director General Olivier Jankovec said. Nevertheless, European airports’ performances varied significantly, with less than half of them fully recovering their pre-pandemic passenger volumes. While Icelandic, Cypriot, Greek, and Portuguese airports among others exceeded pre-COVID levels, those in Slovenia, Germany, Slovakia and the Czech Republic were the furthest from fully rebounding. <br/>
Reuters
https://www.reuters.com/article/idUSL1N37Z0TR
6/7/23