Sharp decline in European air traffic

Air traffic in Europe fell by 18.4 per cent in the period September 10 to November 11. According to a report published by the Association of European Airlines, the number of airline passengers in Europe fell by ten per cent while passenger traffic in the North Atlantic fell by 34 per cent with Australia and the far East witnessing a 17.2 per cent decline in passengers. The average fall in passengers for all four of the markets has been 18.4 per cent. However, the first week of November did show a slight increase in all of the markets including the United States sector and airlines believe that the market is starting to recover.