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ECONOMICS & STATISTICS

REGIONAL MARKETS: PASSENGERS Africa In Africa, passenger traffic declined by 0.4% in the sole month of December and by 0.1% from January to December. Even though the region has been recovering from Ebola, the growth was negatively impacted by the disruption of air traffic in Egypt and major traffic declines between Tunisia and some of the key foreign visitor markets following violent terrorist attacks over the course of the year. From January to December 2015, passenger traffic in Tunisia’s airports declined over 30%. Other countries reporting significant traffic losses were Burkina Faso (-12.6%), Nigeria (-8.9%) and Madagascar (-5.2%). South Africa and Algeria finished the year with strong positive 6.8% and 6.6% growth rates respectively, whilst Morocco saw a 2.6% increase in passenger volumes. Asia-Pacific In Asia-Pacific, passenger traffic grew by 8.1% in the month of December, in line with the 8% increase on an annualized basis. China and India remain the major driving forces in the robust air passenger growth in the region (+8% and +16.4% respectively). Importantly, India’s accelerated economic activity saw the country approaching China last year in its contribution to the growth of total passengers in the region; in fact, India even surpassed China in domestic passenger traffic growth. In short, half of the growth in passenger traffic in AsiaPacific comes from these two giants. Other major contributors to the region’s strong passenger growth are Thailand (+21.2%), Korea (+10.7%), Hong Kong (+8.3%) and Japan (+4%). Of all major countries, Indonesia was the only one ending the year with a passenger traffic loss of 1.2%. Europe In the sole month of December 2015, Europe grew by 5.1% in terms of total

passengers, which is consistent with a 5% growth from January to December during the same year. Domestic passenger traffic outperformed international traffic by 0.4 percentage points (+5.2% versus +4.8%), driven largely by strong domestic passenger traffic growth in Turkey (+13.4%), Russian Federation (+8.2%), Spain (+6.2%) and Greece (+20.6%). With regard to international traffic for the twelve months of 2015, half of the growth came from the four key markets of Spain (+5.9%), Germany (+4.6%), United Kingdom (+4.5%) and Italy (+7.3%). Russia lost 15% of international traffic as compared to the previous year—the result of low oil prices, domestic structural weaknesses and sanctions. With regard to total passenger traffic, Ireland and Portugal finished the year with strong 13.2% and 11% growth respectively, while France—the third largest economy of Europe—grew by a modest 2.8% given weak economic conditions in the country. The top airports in terms of growth in the region are Istanbul-Atatürk (IST, +5.2 million), Madrid (MAD, +5 million), Istanbul-Sabiha Gökçen (SAW, +4.7 million), Dublin (DUB, +3.3 million) and Amsterdam (AMS, +3.3 million). The two airports in Istanbul combined grew by 12.2%, generating an additional 9.8 million passengers over the course of the year, making the Eurasian transcontinental city the third largest aviation city in Europe after London and Paris. Moscow-Domodedovo (DME) and Saint Petersburg (LED) lost 2.5 and 0.8 million passengers respectively—the result of several factors, including the abovementioned economic problems coupled with geopolitical tensions. Latin America-Caribbean In the Latin America-Caribbean region, total passenger growth for the twelve months amounted to 5.5%. This is the result of strong growth in both international ACI WORLD REPORT

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Profile for Airports Council International

ACI World Report - March 2016  

ACI World Report - March 2016

ACI World Report - March 2016  

ACI World Report - March 2016

Profile for aciworld