ACI reports modest growth in global airport traffic in June amid rising fuel prices and uncertain economic outlook – 31/07/08

INTERNATIONAL. The world’s airports posted a modest +2.1% rise in passenger traffic in June, compared to June 2007, according to Airports Council International (ACI). But international traffic continues to prove comparatively robust, showing growth of +3.4% in June and +5.8% in the first half of the year. Total passenger traffic grew by +3.7% in the first six months, said ACI.

“High oil and jet fuel prices, stock market turbulences, inflation and an uncertain economic outlook have taken their toll on air traffic in June, also impacting half year figures,” said ACI.

“International traffic in June, although in previous months a strong driver of overall growth, has slowed compared to June 2007. The two largest international markets – Europe and Asia Pacific – reported +2.4% and 0% increases respectively, whereas Africa and Middle East both increased by +13%, followed by the Latin America & Caribbean region at +7%, and North America at +5.4%.

“The bright spots in international traffic remain Egypt and South Africa, as well as the United Arab Emirates, Bahrain and Lebanon. Asia Pacific international traffic contracted mainly due to China, Taiwan and Japan. Bangkok (+5.1%), Singapore (+2.9%), Kuala Lumpur (+6.5%) and Hong Kong (+5.5%) still show moderate growth, but are significantly down from previous levels.”

Domestic passenger traffic slowed to a +1% increase in the month, and declined in Africa and Europe.

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ACI highlights strong traffic figures in 2007; advises caution as first-half 2008 growth slows – 29/07/08

Europe’s airports report solid passenger growth – 08/07/08

International passenger traffic grows briskly in May – 01/07/08

ACI notes slowing of worldwide airport passenger traffic growth in April – 04/06/08

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