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ForwardKeys sees growth in Europe’s regional airports

ForwardKeys sees growth in Europe’s regional airports

Christian Tolentino

- December 18, 2018

Bordeaux International Airport
Bordeaux International Airport, France

According to the latest findings by travel data specialist ForwardKeys, Europe’s regional airports are taking off in popularity. In the group’s latest findings, it attributed the boost to specific events like the 2018 FIFA World Cup in Russia, as well as the growing popularity of travel, increasing pressure on the major airports, human curiosity to keep discovering new places, and the success of low-cost airlines.

“Demand is still going to outstrip capacity”

ForwardKeys CEO and co-founder, Olivier Jager, said: “Low-cost travel is constantly increasing its market share and driving a lot of regional and trans-Atlantic expansion, but demand is still going to outstrip capacity.

“The regional expansion trend seems irresistible and many European destinations are already facing the problems of ‘overtourism’ as seen in Barcelona and Dubrovnik. There needs to be combined efforts and vision from airports, airlines and destinations simultaneously to capitalise on the economic benefits and manage the growth in a sustainable way.”

In addition to the data, the World Travel & Tourism Council (WTTC) also said that the direct economic contribution of European travel was up 3.8% in 2017 — significantly faster than the overall GDP growth of the EU, which was only up 2.3%.

ForwardKeys - 1

Another encouraging note for the economy is the increasing demand for international seat capacity. In 2018, intra-European seat capacity is up 6.0% on last year. The growth has been strongest in Central/Eastern Europe, up 12.7%. In Southern Europe, it is up 8.8%; in Western Europe, it is up 5.4% and in Northern Europe, it is up 3.0%.

Many regional airports across Europe showed significant growth in terms of intra-European capacity. Regional airports like Aarhus, Bordeaux, Ufa and Antalya are top performers within their respective sub-regions. Furthermore, Russia has ambitious expansion plans for its regional airports, taking advantage of the momentum from the FIFA World Cup.

ForwardKeys - 2

It was the smaller European airports where capacity grew quickest, with the ten largest European airports showing slower growth. Although the seat volume of long-haul flights is substantially less than that on intra-regional flights, in 2018, the seating capacity to long-haul destinations from Europe is up even more by 9.1%.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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ForwardKeys sees growth in Europe’s regional airports

Christian Tolentino

- December 18, 2018

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats