Growth Frontiers London: European airline growth lagging behind

A competitive market and growing costs are impeding on European airline growth, said Cirium Ascend Consultancy global head of consultancy Rob Morris at Airline Economics’ Growth Frontiers London. “Not good, but not bad” was Morris described airline’s growth in Europe. In comparison to other regions, European growth is lagging behind. European airline traffic in July this year was up 12.6% over 2023 and is projected to be 14% this year. “Please don’t mistake double digit for a bounce back,” warned Morris. “We have lost three years’ worth of growth in this cycle as we return to growth this year over