Industry Monitor 147 - December 2012

21 December 2012

This issue highlights November traffic being the lowest in the past five years. 

  • European traffic decreased by 3.7% in November and was significantly lower than forecasted. Traffic level was the lowest since 2007.
  • December update of two-year forecast of flights is for a 2.2% decline in 2012, ending the year lower than forecast. The outlook for 2013 remains around zero flight growth.
  • IATA expects European airlines to break even in 2012, a €900 million upward revision from the October forecast.
  • Oil prices down to €83 per barrel in December.

 

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Industry Monitor, an overview of the monthly trends in Europe, produced by EUROCONTROL STATFOR