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AEA airlines carry 14 million more passengers in 2007
Friday, February 15, 2008
The Association of European Airlines has released traffic and capacity data for its members for December and annual 2007. Passenger boardings for the AEA airlines climbed 4.1% to 358 million, up from 344m in 2006. In passenger-kilometres, the industry’s more conventional unit of measurement, the increase was rather greater, at plus 5.1%.

The third key statistic in the AEA data was the capacity increase, in terms of seat-km, of 4.2%. So for the fourth consecutive year, the increase in production has been more than matched by the growth in traffic, and for the fourth consecutive year a load factor record was set, at 77.1%. Note that the 70% milestone, which for long would have been regarded as a theoretical maximum for network airlines, was reached as recently as 1996.

Growth rates by region show a wide divergence, but for the most part followed stable trends through the year. In the Far East market, growth has followed a steady downward path from double-digit levels in mid-2006 to arrive at just 1.2% in December 2007, resulting in an annual figure of 3.1%. The trend line for North Atlantic traffic was meanwhile moving steadily in the other direction, beginning the year at 2.0% and ending at 6.0%, for an annual figure of plus 4.4%.

Transborder traffic in Europe remained relatively buoyant through the year with an increase of 7.0% overall, a buoyancy not matched in European domestic markets which grew just 1.1%.

Of the less heavily-travelled routes, most notable was a plus 11.8% for the year in South Atlantic traffic, maintaining a long-established trend of strong growth that has seen the AEA market increase by more than 60% in four years. Next-highest growth was a +9.7% on Middle Eastern routes, a much more volatile market which saw monthly increases fluctuating between 5% and 20% during the year.

Vicky Karantzavelou - Friday, February 15, 2008
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