Assn. of European Airlines' 32 members transported 355.7 million passengers in 2008, a 1.5% decrease from 2007. Traffic measured in RPKs rose 1.2% to 791.78 billion against a 3% climb in capacity to 1.04 trillion ASKs. Load factor was down 1.3 points to 76%. AEA Secretary General Ulrich Schulte-Strathaus said, "We have seen figures as weak as these on only three occasions in the last 25 years," comparing the current downturn to the impact of the Chernobyl accident and bombing of Libya in ...

Subscribe to Access this Entire Article

"AEA: passengers down, 'upheaval' to be 'longer-lasting'" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.