IATA stresses need for investment in European airport infrastructure

    IATA director general and CEO Alexandre de Juniac stated (16-Oct-2017) charges at EU airports must be more tightly regulated and warned that the region is “headed for an infrastructure crisis”. Mr de Juniac said European governments are not preparing to make the investments now that will be needed to cope with future growth, especially as major infrastructure planning cycles are “now measured in decades”. He also noted there is a”crisis in the cost of infrastructure and Europe, unfortunately, provides the example” – with passenger charges on the average one-way ticket more than doubling from EUR16 – to EUR33 – over the last decade, while over the same period the airfare portion of the average ticket price fell. [more – original PR]