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First monthly cargo decrease for three years
Photo: Daily archives
The European airport trade association, ACI Europe, has released its traffic report for November 2018, during which freight traffic went into the red, losing 1.4% - the first monthly decrease for three years. Amongst the top 10 European airports for freight traffic, only Liege (+17.9%), Madrid (+8%) and Istanbul-Atatürk (+6.9%) saw volumes increasing.
Olivier Jankovec, director general ACI Europe: "We are facing a Eurozone close to stagnation with business confidence now at a four-year low, coupled with global growth losing momentum in a synchronised way and a slowdown in trade."
It might seem comforting to see that the year-to-date evolution still shows a 2.1% increase, and that, compared to 2015 volumes, when the last monthly decrease occurred, 2018 figures are 15.7% higher. (ah)