AEA member airlines carry 24 million more passengers in 2011 / Industry News / Eva International

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AEA member airlines carry 24 million more passengers in 2011

Jan 20, 2012
Airlines

The Association of European Airlines (AEA) has released its preliminary traffic figures for 2011, which indicate 7.1 per cent growth in year-on-year passenger numbers. Over the full year, Europe’s network airlines carried a total of 363 million passengers. This provisional figure, covering 31 of AEA’s 35 members, is 24 million up on 2010. Traffic (measured in RPKs) rose by 8 per cent, but capacity growth (measured in ASKs) remained a step ahead at 8.9 per cent. This slight shortfall in demand caused AEA’s average load factor to slip by 0.6 of a percentage point to 77.3 per cent.

Based on this positive traffic performance, AEA expects its member airlines to post a collective €1.5 billion EBIT profit in 2011, up from €0.5 billion in 2010.

The 2010 baseline was depressed by several significant events, notably the closure of European airspace in May due to the perceived risk of volcanic ash contamination and airport closures in late 2010 as facilities failed to cope with the winter weather.

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