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Europe airport traffic plummets to 1995 levels

Feb 12 (Reuters) – Europe’s airport traffic last year tumbled to 1995 levels, data from a regional industry group showed on Friday, with hubs in Turkey and Russia faring better than those in Western Europe.

European airports lost 1.72 billion passengers in 2020, or over 70%, as a result of the coronavirus pandemic, according to a report by Airports Council International Europe, bringing traffic back to numbers last seen before the low-cost travel boom.

“No industry can on its own withstand such a shock,” ACI Europe chief Olivier Jankovec said in a statement.

He added that only 2.2 billion euros ($2.66 billion) so far have been earmarked to support the region’s airports, less than 8% of the revenues they lost last year.

ACI…

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