NEW YORK -- Transatlantic passenger traffic for most European
airlines was down 21.3% in April compared to the same month in
2001, the Brussels, Belgium-based Association of European Airlines
reported, while overall traffic dipped 11.5%, the sharpest monthly
drop this year.
The figures were distorted somewhat by the demise last November
of Belgian flag carrier Sabena, which accounted for 5.7% of
European traffic and 3.4% of North Atlantic flights in 2001 -- and
whose passengers may have switched to non-AEA airlines, noted the
Meanwhile, for the first part of the year, the AEA recorded a
17.1% dip in North Atlantic flights -- compared to the four-month
period from January to April in 2001 -- and a 9.6% drop in overall
scheduled flights in that period by member European carriers.
Capacity reductions have outpaced dips in traffic slightly. For
example, in the North Atlantic, capacity was down 22.7% for April
and 22.3% overall since January -- resulting in a slight uptick in
load factors, according to AEA data.
However, yields remain depressed on European routes and only
marginally improved on the North Atlantic.