Airlines
Low-cost Airline Segment Keeps Driving European Growth
Discount carriers continue to excel in Europe while business aviation and all-cargo lose market share.

The number of European flights increased by 2.9 percent in February compared with the same month last year, thanks mainly to the low-cost airline segment, which recorded an above industry average year-on-year growth of 4.9 percent. The traditional scheduled segment remained stable and increased 3 percent while the charter segment decelerated from a 5 percent growth rate in January to a 1.2 percent growth rate in February, according to data released by Eurocontrol. Data covers the 44 member countries of the European Civil Aviation Conference (ECAC). The all-cargo and business aviation segments decreased by 5.7 percent and 3.3 percent, respectively.