ACI Europe: Moscow Sheremetyevo fastest growing major European airport in July-2017

The latest monthly air traffic report from European airport trade body ACI Europe for the month of July shows that Moscow’s Sheremetyevo Airport was the fastest growing airport in the region with passenger traffic up almost a quarter on the same month last year.

It reveals that during the peak month, passenger traffic at Europe’s airports grew by an impressive average of +9.6% – in line with the dynamics of the previous months and underlined by the continued momentum in economic expansion, especially in the Eurozone, as well as contained oil prices and the return of stronger demand for air services in Russia and Turkey.

The report is a good benchmark for the industry as it includes all types of commercial passenger flights (full service, low cost and charter) and covers 247 airports in total representing more than 88% of European air passenger traffic. The latest edition shows that growth in the emerging non-European Union (EU) markets is continuing to outperform European Union countries, where less mature Eastern European markets are showing the strongest rises.

The EU continued its strong annual performance, reporting a +7.6% increase in passenger traffic during the month – albeit slightly less than in June (+8.8%). Eastern EU countries remained the most dynamic, with almost all of them posting double digit growth – along with Cyprus, Finland, Luxembourg, Malta, and Portugal. Passenger traffic in the Non-EU market grew by +17.5% – further improving compared to June (+15.1%). July saw Turkey not only recovering from last year’s traffic losses but also further expanding, boosted by strong demand from Russia, also expanding the latter’s performance.

Meanwhile, the performance of the Majors (top 5 European airports) continued to improve during July, with a combined +6.3% passenger uplift. Istanbul-Atatürk (+17.6%) led the league, followed by Amsterdam-Schiphol (+5.6%), Paris-CDG (+5.4%), Frankfurt (+4.4%) and capacity constrained London-Heathrow (+1.2%).

The 9.6% passenger growth was facilitated by a +5.2% increase in aircraft movement during the month – its highest expansion rate in years. Freight traffic across the European airport network also remained consistent with the previous month, recording a +10.5% rise.

During July-2017, airports welcoming more than 25 million passengers per year (Group 1), airports welcoming between 10 and 25 million passengers (Group 2), airports welcoming between 5 and 10 million passengers (Group 3) and airports welcoming less than 5 million passengers per year (Group 4) reported an average adjustment+6.1%, +14.2%, +10.2% and +11.3%.

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