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Almost 200 European airports facing insolvency

Christian Fernsby |
ACI EUROPE warned of such fundamental risks to business continuity that an estimated 193 airports face insolvency in the coming months if passenger traffic does not start to recover by the year end.

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These airports between them facilitate 277 thousand jobs and €12.4 billion of European GDP.

The threat of airport closure means Europe faces the prospect of the collapse of a significant part of its air transport system - unless Governments step up to provide the required support.

So far, few have done so.

Data shows:

A year-on-year decrease of 73% in passenger traffic at Europe’s airports in September

The loss of an additional 172.5 million passengers in September bringing the total volume of lost passengers since January 2020 to 1.29 billion

As of mid-October, passenger traffic stood at 75% down from the same period last year, reaching an 80% decrease for airports in the EU/EEA/Switzerland/UK footprint a clear downward trajectory.

Olivier Jankovec, Director General of ACI EUROPE, said “In the midst of a second wave, ensuring safe air travel continues to be our primary concern.

"It’s crucial that we reduce the risks of importation and dissemination as much as possible.

"But surely we can do a much better job of reducing those risks by testing air passengers rather than with quarantines that cannot be enforced.”

“The figures paint a dramatically bleak picture.

8 months into the crisis, all of Europe’s airports are burning through cash to remain open, with revenues far from covering the costs of operations, let alone capital costs.

"Governments’ current imposition of quarantines rather than testing is bringing Europe’s airports closer to the brink with every day that passes.”


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