Traffic at Spain's Aena airports outperforms European peers
Reuters
Published Sep 12, 2023 12:19
(Reuters) - Passenger traffic at Spain's Aena airports exceeded pre-pandemic levels for an eighth consecutive month in August, while traffic in other European terminals still lagged.
The number of passengers travelling through Spanish airports in August rose 9.5% from 2022 to 29.8 million, state-controlled airport operator Aena said in a statement on Tuesday.
It was 1.4% higher than in the same month of 2019.
Worldwide airlines continued to benefit from the rebound in leisure travel across the summer, although IAG (LON:ICAG) and Ryanair (LON:0RYA) have recently been lukewarm about demand for the rest of the year as high inflation and rising interest rates squeeze household incomes.
Spanish airports rely more on leisure and less on business travel, which has recovered more slowly from the pandemic.
Airports Council International Europe said on Tuesday that passenger traffic across the region in July, the peak month of the summer, came closest ever to a full recovery to pre-COVID levels, but still stood 3% below.
Globally, traffic in July was at 95.6% compared to 2019, the International Air Transport Association said earlier this month.
London's Heathrow Airport, Britain's busiest, said on Monday that annual traffic figures will remain below pre-pandemic levels.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.