ACI reports report slower passenger growth & declining freight in 2019 for European airports

European Industry group, Airport Council International, reported the region has seen the slowest passenger growth in five years during 2019. The industry body which represents over 500 airports in 46 European countries attributed this to a combination of strong fall in demand from in the non-EU market, the multiple airline bankruptcies over the lasts 12 months and capacity restraint within the EU.Despite growth being the slowest for half a decade, 2019 still saw a record number of 2.43 billion passengers pass through European airports in 2019, with passenger traffic up by 32.3% since 2014. However, this 3.2% increase was half