| Europe Passenger Forecasts; Quarter 4 2010 |
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| The latest forecast update for 354 airports was uploaded for subscribers on August 23 2010. |
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| The Next Quarter and the Full Year 2010 |
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| The European forecast for the coming Quarter is better than that for North America but it is worse than the numbers produced just a month ago. The region lacks both stability and consistency. The announcements for individual airports refuse to conform to a stable growth pattern all of which tends to confirm that the recovery, such as it is, is still very feeble. |
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| % change |
International |
Domestic |
Total |
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| Next Quarter |
2.8 |
3.4 |
3.1 |
| Full Year |
0.6 |
2.4 |
1.1 |
| Note; the imbalance between International, Domestic and Totals is because forecasts for some airports are only available at the Total level |
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| It is important also that the full year forecast is lower, substantially, than the next Quarter. There is a possibility that summer may come early and that traffic numbers will rise although present holiday trade indicators are far from encouraging. |
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| The Forecasts by Country; The Top Five Selected |
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| There are 43 covered in the latest forecasts. To access the forecasts for these other countries and for the 354 separate airports a subscription is necessary. |
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| % change |
International |
Domestic |
Total |
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| UK |
-1.5 |
-7.9 |
-2.6 |
| Germany |
5.0 |
1.1 |
3.7 |
| Spain |
3.7 |
3.7 |
3.7 |
| France |
-0.2 |
-2.2 |
-0.9 |
| Italy |
2.0 |
1.4 |
1.8 |
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| Take Ryanair out of the UK equation and the situation is especially miserable. Even with it, and Ryanair is performing at a lower level than historically, the outlook is poor. |
| There is a somewhat better outlook for Italy and Spain is positive too. There is a common misconception that Spain depends upon the tourist traveller. In fact domestics represent two fifths of the total. |
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