Airlines
Eurocontrol Revises Forecast for Traffic Recovery Downward
The war in Ukraine and economic fallout will delay the recovery in air traffic in Europe to 2019 levels until after 2024, according to Eurocontrol.
A Lufthansa Airbus A320neo takes off from Frankfurt. Although several European airlines, including Lufthansa, have issued upbeat forecasts for the year, Eurocontrol projects that traffic likely won't recover to 2019 levels until 2025. (Photo: Lufthansa)
A Lufthansa Airbus A320neo takes off from Frankfurt. Although several European airlines, including Lufthansa, have issued upbeat forecasts for the year, Eurocontrol projects that traffic likely won't recover to 2019 levels until 2025. (Photo: Lufthansa)

Several of Europe’s leading airlines in recent weeks have issued an upbeat full-year financial outlook on the back of strong demand, but Eurocontrol on Monday released a downward-revised forecast indicating that under the most likely scenario, air traffic in Europe will not recover to 2019 levels until after 2024. Eurocontrol’s prior forecast, issued in June, showed a recovery happening a year earlier.


Loading…