Industry Monitor 190 for January 2017

2 February 2017

Main highlights of this month:

  • Overall European flights increased by 2.8% in 2016 compared  with  2015 and exceeded 10 million flights. Preliminary data for January 2017 show a 4.1% increase of flights on January 2016.
  • Amsterdam Schiphol was the busiest airport in terms of IFR movements in 2016 overtaking Paris CDG and London Heathrow.
  • Airline ticket price growth has decelerated in 2016 due to a drop in oil prices and increased competition. Tickets were on average 3% cheaper compared with 2015.
  • Oil prices averaged out at  €41 per barrelin 2016. EIA  forecast  Brent crude oil to average €50 in 2017. Oil prices climbed to a monthly average of €52 per barrel in January.

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STATFOR’s Industry Monitor is a regular email briefing for subscribers on air transport matters, forecasts and trends. It is produced regularly, generally every month.

STATFOR team

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