Dermot Davitt
Airports Council International (ACI) Europe has warned that the COVID-19 outbreak has escalated into an “unprecedented crisis” for Europe’s airports. The airports body is forecasting a -13.5% year-on-year drop in regional passenger traffic in the first three months, and -7.5% for the full year.
ACI Europe’s initial assessment1 of the impact of the COVID-19 outbreak on the region’s airport operators shows:
*A loss of 67 million airport passengers in the first quarter of 2020
*An overall diminution of 187 million passengers for Europe’s airports in 2020
*In financial terms, a loss of €1.320 million in revenues in Q1 alone compared to a normal financial quarter