ACI EUROPE has today released a comprehensive and empirical analysis of competition between European airports.
It depicts a new aviation market paradigm where the increasing buyer power of the airlines in Europe squeezes Europe’s airports ever further as they strive for financial stability and resilience.
The synopsis, Fierce Competitors, Fragile Foes builds upon the Frontier Economics study published earlier this year Airport Competition in Europe: Recent and Future Developments.
Both look at how competition between airports works and has kept evolving, with competition now strongly playing out on a pan-European level.
This takes place across a highly fragmented network of close to 700 airports – with only 7 major airline groups being the protagonists in choosing between airports for their routes, aircraft bases and growth.