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Europe Daily Bulletin No. 10670

4 August 2012
Contents Publication in full By article 23 / 25
SECTORAL POLICIES / (ae) transport
PwC gloomy over airport traffic

Brussels, 03/08/2012 (Agence Europe) - Airports are unlikely to return to the pre-crisis golden age within a decade, forecasts PricewaterhouseCoopers (PwC). It could be 2022-2024 before airports get back to pre-2007 growth in passenger traffic. PwC says in a study, published on 30 July, that “airports serve airlines as their primary clients and therefore share in the fortunes and woes of a highly cyclical industry”. Romil Radia, valuations partners, PwC said: “The speed of passenger...