Growth Remains Slow at European Airports

According to Airports Council International (ACI) Europe freight volumes at European airports raised by 0.4 percent year-on-year in the month of August, with Istanbul Atatürk Airport and Amsterdam Airport Schiphol the only top five hubs to see growth during the month.

Frankfurt Airport is the largest cargo airport in Europe, show  volumes drop by 4.7 percent to 162,904 tons, while Paris Charles de Gaulle Airport, the second biggest decreased by 2.9 percent to 146,000 tons. Schiphol reflects  volumes increase by 0.7 percent in the month of August to 137,638 tons and Heathrow Airport display a decrease of 0.2 percent to 122,540 tons. Atatürk show  a 16.4 percent growth to 66,229 tons.

Europe director general of ACI Olivier Jankovec declares the slow Eurozone economic recovery and slowdown in China is a concern, but he believes that oversupply of oil will keep prices down. He further states that in the context of still slow economic recovery in the Eurozone and danger of contagion from the slowdown in China and other developing markets, oil prices are likely to remain the crucial issue for air traffic in future.

Freight volumes of this year through Europe have developed by 0.9 percent. Between the top five freight airports, only Heathrow and Atatürk have showed  rises over this time compared to 2014. Heathrow has displayed an increase of 0.8 percent to 985,625 tons, while Atatürk  airport is increased by 7.6 percent to 502,658 tons. Frankfurt is down by 2.6 percent to 1.3 million tons, Charles de Gaulle Paris has displayed  a drop of 4.7 percent to 1.2 million tons and Schiphol has fallen by 1.8 percent to one million tons.

Russian airports have been struggling due to fiscal complications in the country. In Moscow, Domodedovo International Airport show  volumes drop by 19 percent to 11,520 tons in August while Sheremetyevo International Airport was depressed by 3.5 percent to 12,262 tons in the same month.

Pulkovo International Airport in St. Petersburg displays air cargo volumes fall by 11.9 percent 1,939 tons.  German airports revealed mixed records in August, with Munich, Hamburg and Hanover sighted rises, but Frankfurt, Dusseldorf, Berlin Tegel and Schonefeld, Stuttgart, Cologne and Bremen decrease.

In August, Munich was up by 7.6 percent to 26,127 tons, Hamburg by one percent to 2,445 tons and Hanover growing by 225.9 percent to 479 tons. Frankfurt, Dusseldorf,in Berlin, Tegel and Schonefeld showed decrease in volumes. Stuttgart was decreased by 4.1 percent to 1,579 tons and Cologne dropped by 1.9 percent to 54,975 tons. Bremen decrease by 2.1 percent to 47 tons.