DG TREN - ANALYSIS OF THE EUROPEAN AIR TRANSPORT INDUSTRY 2003

This report introduces the key developments in the European air transport industry in 2003. After a limited recovery in 2002, the European airline industry faced a new set of challenges in 2003. The SARS crisis and Iraq war dampened demand in the early part of the year. Full service and charter airlines faced increasingly widespread competition from the expanding low cost sector. Nevertheless, overall European traffic increased in 2003. Within the European Union, low cost and regional airlines traffic increased versus the previous year. Full service and charter airlines lost passengers over the course of 2003. Financially, results worsened for most airline sectors. Full service airlines and tour operators posted overall losses, while even the low cost sector experienced a marked decline in profit margin. The table of contents lists the following section headings: 1. Summary Report, 2. Capacity and Traffic, 3. The Airline Sector, 4. The Airport Sector, 5. The Cargo Sector, 6. Other Sectors, 7. Analysis of Fares and Yields, 8. Consumer and Competition Issues.

Language

  • English

Media Info

  • Features: Figures; Tables;
  • Pagination: 267 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00988068
  • Record Type: Publication
  • Report/Paper Numbers: Final Report
  • Contract Numbers: B2-7040B-S07.17962.
  • Files: TRIS
  • Created Date: Mar 16 2005 12:00AM