Forecast Update 2022-2028
IFA Comment – Makes interesting reading. All looks relatively flat for next 7 years
European Flight Movement and Service Units
After COVID-19, Russian invasion of Ukraine and Europe’s energy crisis.
THIS 7-YEAR FORECAST COVERS 2022-2028 PERIOD
The October 2022 forecast takes into account the following updated inputs:
Traffic trends up to August 2022:
Airlines, airports and States are recovering from the COVID-19 pandemic. Strong summer in most of the European States but the network is still impacted by the Russian invasion of Ukraine.
Latest revision of the economic forecast (Oxford Economics, August 2022 release).
No return to “normal” routing (prior closure of Ukrainian and Russian airspaces) by the end of the seven-year horizon.
Three scenarios accounting for the impact of the war in Ukraine, the pressure on energy prices and the COVID-19 recovery.