European Aviation Growth Levels Off Due to Iran War
2 Articles
2 Articles
European aviation grew less rapidly last quarter due to the Iran war. Flights to the Middle East were reduced, and some airlines also cancelled flights due to expensive kerosene. According to airport umbrella organization ACI Europe, the number of travelers increased by 1.3 percent in the second quarter, much less than the 4.3 percent recorded three months earlier.
Apart from the ongoing recovery cases (SAS and TAP Air Portugal), other European companies of secondary size are weakened by the resumption of the war in Iran, but locally, some particularities remain.
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