Airport Traffic Report shows passenger growth resilience despite global uncertainty

Share this

According to Airports Council International (ACI) World’s latest World Airport Traffic Report published today, passenger numbers are estimated to have reached 8.8 billion in 2018, an increase of +6.4% compared to the previous year.

In addition, the world’s airports accommodated 122.7 million metric tonnes of cargo and almost 100 million aircraft movements.

While growth moderated slightly compared to 2017, passenger traffic remained resilient in the face of the global uncertainties affecting many major economies. The 2018 increase is still above the +5.8% compounded average annual growth rate for passenger traffic from 2010 through 2018.

While advanced economies held the largest proportion (52.8%) of global passenger traffic, airport traffic in emerging markets and developing economies grew faster (+8.3%) than in advanced economies (+4.8%) in 2018. During 2018, the highest number of passengers travelled through airports in the Asia-Pacific region:

  1. Asia-Pacific (3.3 billion, +8.1%)
  2. Europe (2.4 billion, +6.4%)
  3. North America (2 billion, +5.0%)
  4. Latin America-Caribbean (651 million, +5.0%)
  5. Middle East (396 million, +0.7%)
  6. Africa (214 million, +9.4%).

In ACI’s view, protectionist policies, slowing global economy and geopolitical tensions represent the most pressing downside risks over the near-term for continued growth. In addition, physical capacity considerations and potential bottlenecks in air transport infrastructure continue to pose challenges in accommodating future demand.

“Protectionist rhetoric – fueled by isolationist policies – has swept several major economies in recent times and this has translated into a dismantling of established open trade relationships and regimes,” ACI World Director General Angela Gittens said.

“Because aviation has strong links to the global economy and to local development through commerce and tourism, these new barriers may restrain the efficient flow of people, goods and services; air transport very much relies on open markets to grow.

“Despite this, passenger traffic has remained resilient, posting annual growth rates above historical averages with the cost of travel decreasing in many markets and middle-class populations burgeoning in emerging markets.”

The report found that the air cargo market did not fare as well as passenger traffic in 2018. Global year-over-year volume fell -1.7% in December 2018 against the previous year, bringing growth for 2018 overall to +3.4%.

“If these isolationist policies persist, their adverse effects will continue to stifle output growth in many countries,” Gittens said. “Economies that rely more on exports or carry higher debt loads will be most sensitive to a downturn, further exacerbating economic conditions.

“In fact, ACI data show that global passenger traffic growth was subdued in the first half of 2019 with a moderate increase of +3.6% year-over-year recorded for the first six months so it is apparent the global economic slowdown is having an impact on aviation markets.

“Air cargo has felt an even greater impact as volumes handled by the world’s major airports contracted by -3.2% in the first half of 2019. A resolution to the trade disputes will help put aviation markets back on track.”

Even with these short-term challenges, however, ACI World’s global medium-term forecast show almost 30% growth in passenger numbers from 2018 to 2023. Over the longer term, passenger traffic worldwide is expected to double in 17 years and projected to grow at an annualized rate of +4.1%, reaching 20.9 billion by 2040.

“From these forecasts, we can see that the airport industry is engaged in a balancing act as it seeks to meet surging air transport demand which, in many cases, is outstripping available airport infrastructure,” Gittens said.

Of the top 20 markets, the United Kingdom has the largest number of international passengers – almost 250 million passengers – while the United States has the largest domestic market (nearly 1.6 billion passengers, 32.9% of the world’s domestic passenger throughput). Africa (+9.4%), Asia-Pacific (+8.1%) and Europe (+6.4%) posted strong growth in passenger traffic.

Cheap Flights from London

DestinationDeparture atReturn atFind tickets
Tirana6 December 20248 December 2024Tickets from 31
Belfast2 January 20258 January 2025Tickets from 33
Edinburgh16 December 202417 December 2024Tickets from 33
Agadir22 January 202526 January 2025Tickets from 40
Frankfurt20 November 202423 November 2024Tickets from 42
Belgrade19 November 202422 November 2024Tickets from 42
Barcelona4 December 20248 December 2024Tickets from 44
Milan13 December 202416 December 2024Tickets from 44
Luxembourg11 December 202415 December 2024Tickets from 45
Marrakech16 December 202421 December 2024Tickets from 48
Plovdiv5 December 20247 December 2024Tickets from 48
Sarajevo1 December 20243 December 2024Tickets from 48
Dublin16 December 202421 December 2024Tickets from 49
Szczecin7 March 202510 March 2025Tickets from 51
Valencia4 December 20248 December 2024Tickets from 53
Madrid5 December 20248 December 2024Tickets from 55
Rome16 January 202521 January 2025Tickets from 55
Paris25 January 202528 January 2025Tickets from 57
Tenerife18 January 202521 January 2025Tickets from 58
Riga26 November 202429 November 2024Tickets from 59
Aberdeen11 December 202416 December 2024Tickets from 60
Geneva2 February 20257 February 2025Tickets from 60
Gdansk2 December 20246 December 2024Tickets from 61
Krakow26 November 202429 November 2024Tickets from 61
Istanbul20 January 202525 January 2025Tickets from 62
Glasgow2 January 20256 January 2025Tickets from 62
Vienna6 January 20258 January 2025Tickets from 62
Sevilla12 December 202416 December 2024Tickets from 63
Athens24 January 202526 January 2025Tickets from 63
Venice13 December 202416 December 2024Tickets from 64
Lisbon12 December 202416 December 2024Tickets from 64
Stockholm20 November 202425 November 2024Tickets from 64
Prague12 November 202415 November 2024Tickets from 64
Sofia29 November 20241 December 2024Tickets from 65
Pisa7 December 20248 December 2024Tickets from 65
Porto1 December 20247 December 2024Tickets from 66
Antalya12 December 202416 December 2024Tickets from 67
Paphos22 January 202524 January 2025Tickets from 67
Larnaca11 December 202413 December 2024Tickets from 67
Santiago De Compostela15 November 202417 November 2024Tickets from 73
Naples7 February 20259 February 2025Tickets from 74
Copenhagen10 March 202516 March 2025Tickets from 76
Tallinn30 November 20244 December 2024Tickets from 77
Amsterdam15 January 202521 January 2025Tickets from 79
Isle Of Man22 November 202424 November 2024Tickets from 79
Zurich11 December 202415 December 2024Tickets from 80
Bucharest12 November 202415 November 2024Tickets from 80
Reykjavik7 January 202510 January 2025Tickets from 82
Bologna20 November 202422 November 2024Tickets from 83
Nantes9 November 202410 November 2024Tickets from 84
Berlin8 February 202512 February 2025Tickets from 86
Basel, Switzerland/Mulhouse9 December 202414 December 2024Tickets from 88
Montpellier31 December 20244 January 2025Tickets from 88
Malta8 December 202413 December 2024Tickets from 89
Catania23 November 202425 November 2024Tickets from 89
Budapest29 November 20241 December 2024Tickets from 90
Oslo9 November 202410 November 2024Tickets from 94
Nice22 November 202425 November 2024Tickets from 96
Warsaw3 December 20244 December 2024Tickets from 98
Munich17 January 202519 January 2025Tickets from 98
Alicante13 November 202414 November 2024Tickets from 99
Nuremberg16 November 202419 November 2024Tickets from 99
Chisinau3 December 20249 December 2024Tickets from 99
Inverness1 December 20245 December 2024Tickets from 103
Gibraltar5 December 20247 December 2024Tickets from 107
Brasov6 February 20259 February 2025Tickets from 108
Bilbao9 December 202410 December 2024Tickets from 109
Manchester25 May 202527 May 2025Tickets from 111
Brussels6 December 20249 December 2024Tickets from 112
Bordeaux2 December 20243 December 2024Tickets from 114
Izmir9 December 202414 December 2024Tickets from 116
Innsbruck6 February 202511 February 2025Tickets from 117
Sharm el Sheikh2 December 20245 December 2024Tickets from 118
Podgorica20 January 202526 January 2025Tickets from 119
Bodrum7 December 202413 December 2024Tickets from 120
Palma Mallorca9 November 202411 November 2024Tickets from 125
Toulouse20 June 202523 June 2025Tickets from 134
Yerevan10 January 202514 January 2025Tickets from 134
Lyon20 June 202523 June 2025Tickets from 141
Ankara5 January 202510 January 2025Tickets from 144
Florence17 November 202419 November 2024Tickets from 144
Newcastle23 November 202424 November 2024Tickets from 145
Hurghada5 December 20248 December 2024Tickets from 147
Dalaman24 December 202428 December 2024Tickets from 149
Verona5 May 202511 May 2025Tickets from 149
Ibiza9 November 202411 November 2024Tickets from 154
Tangier14 December 202416 December 2024Tickets from 166
Kutaisi27 November 202430 November 2024Tickets from 167
Baku22 January 202528 January 2025Tickets from 170
Tunis2 February 20256 February 2025Tickets from 170
Granada12 December 202416 December 2024Tickets from 174
Strasbourg29 November 20241 December 2024Tickets from 174
Dubrovnik13 November 202418 November 2024Tickets from 180
Tbilisi29 November 20243 December 2024Tickets from 186
Tivat20 January 202525 January 2025Tickets from 198
Casablanca3 February 20259 February 2025Tickets from 201
Swidnik12 November 202413 November 2024Tickets from 203
Suceava15 December 202416 December 2024Tickets from 207
Hanover22 November 202424 November 2024Tickets from 217
Ljubljana15 November 202417 November 2024Tickets from 222

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Author: Editor