ACI reports a “vintage year” for air passenger traffic growth

European airport trade association, ACI EUROPE, reports that passenger traffic across the European airport network grew by +8.5% in 2017. Both the return of a growth dynamic in the non-EU market and the continued expansion of passenger volumes in the EU contributed to this exceptional performance. Passenger traffic at non-EU airports posted an average increase of +11.4% (compared to a decrease of -0.9% in 2016), with Russian and Turkish airports enjoying a bounce back. Airports in Georgia, Ukraine, Moldova and Iceland grew in excess of +20% on average. Meanwhile, EU airports saw passenger traffic increasing by +7.7%, a further improvement