Europe not out of the woods

ACI EUROPE, the airport trade organisation, has revealed that the overall passenger traffic at European airports decreased by -2.1% in October 2009 compared with October 2008.  This was the 14th month of traffic decline.  The accumulated figure for passenger traffic January to October 2009 decreased by -7.2% compared with the corresponding period 2008.  It is clear that the European airports are not out of the woods yet in financial terms and the year-end figures will be scrutinised very carefully. www.aci-europe.org

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