European airports see cargo growth reach five-year high

The latest figures from Airports Council International (ACI) Europe show that year-on-year cargo demand growth for October reached its highest level since May 2011.
ACI Europe recorded an 8.7% year-on-year increase in freight traffic in October, with airlines in European Union (EU) countries reporting growth of 7% and those outside the EU seeing a 22.9% improvement.
Meanwhile, aircraft movements during the month were up 4.2%, a sign of "significant airline capacity expansion".
However, the organisation warned the improvements may not last too long.
Olivier Jankovec, director general ACI Europe, said: “Both the passenger and freight dynamics reflected a generally improved macro-economic environment, especially in the EU – as well as low oil prices.
"However, the prospect of oil price hikes and the risk of decreasing business & consumer confidence on the back on heightened geopolitical instability may well confront us with very different traffic dynamics in the coming months.”
Of Europe’s busiest airports, Frankfurt registered a 5.6% improvement, Paris CDG was up 3.9%, Amsterdam Schiphol increased 10.8% and London Heathrow jumped by 6.7%.
Yesterday, IATA revealed that airlines had registered an 8.2% year-on-year improvement in freight tonne kms in October.

Share this story

Related Topics

Latest cargo airport news

Yusen Logistics takes operations to Ezhou Huahu Airport

Japanese firm Yusen Logistics plans to start cargo terminal and charter operations at Ezhou Huahu Airport in China next year….

Read More

Share this story

Emirates gets ready for SAF at Schiphol

Emirates has commenced the activation of its sustainable aviation fuel (SAF) agreement with Neste at Amsterdam Schiphol Airport. Over 2m…

Read More

Share this story

FedEx expands Shenzhen airport facility

FedEx Express has upgraded its Shenzhen Baoan International Airport gateway facility in Shenzhen, China by renovating and expanding the import…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.