Posted by Gareth Icke Posted on 11 March 2020

Europe’s airports ‘are facing an unprecedented financial crisis’ due to the coronavirus crisis

‘Europe’s airports are facing an unprecedented financial crisis due to the outbreak of the coronavirus on the continent.

The Airports Council International, the global trade representative of the world’s airport authorities, said European airports are facing a ‘full blown crisis’ and have called on governments to only issue travel bans as a last resort.

‘For now, airports in Italy are clearly the most affected,’ said Olivier Jankovec, Director General of ACI Europe.

Jankovec added that before Italy’s decision to quarantine the country yesterday, Italian airports had already seen a 60 per cent reduction in passenger traffic due to a ‘loss of confidence, changes to corporate travel policies, and governmental measures’.

Beyond Italy, airlines are ‘drastically cutting capacity and cancelling air services’ as a response to weakening demand, the authority said.’

Read more: Europe’s airports ‘are facing an unprecedented financial crisis’ due to the coronavirus crisis

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