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EUROCONTROL Industry Monitor

So far, you have been briefed through previous blog posts on the DATASET2050 project, its scope, structure, deliverables and partners involved.

The use of reliable forecast data is important to our project. Therefore, the aim of this particular blog post is to provide some insight on the Industry Monitor bulletin on air transport trends produced by EUROCONTROL Statistics and Forecast Service, STATFOR.

The Industry Monitor is a regular e-mail briefing for EUROCONTROL Member States and associated organisations in the air transport and related industries. It covers matters of relevance for understanding air transport statistics or preparing air transport forecasts.

This bulletin reports not only high level information on European traffic statistics and forecasts but gives some details on what is happening in the European air transport industry:

  • Passenger airlines and cargo on topics such as routes development, strategic partnerships, restructuring plans, etc.
  • What is going at airport level
  • Airlines financial results
  • Regulation
  • Oil prices and fares

In its latest issue, published on 1st May 2015, EUROCONTROL reports that:

European flights increased by 1.7% in April compared with April last year and were above the forecast. Preliminary data for May show a 0,5% increase in flights compared to May 2014.

Top nine European airlines listed in the bulletin recorded €0,8 billion operating losses during the first quarter of 2015, a 33% improvement on the same period in 2014.

Oil prices were up slightly to €59 per barrel in May.

The Industry Monitor is produced according to the pace of change, at least monthly. The next issue is scheduled for 1 July 2015. The latest bulletin as well as previous editions can be found at: http://www.eurocontrol.int/statfor.

To receive the Industry Monitor in your mailbox, email the EUROCONTROL STATFOR service at [email protected].

Happy reading!