Avinor mulls prolonged period of slower growth

Passenger traffic to and from Avinor airports increased by 2.7 per cent in 2014, with passenger numbers totalling more than 50 million.

Meanwhile, a levelling off trend is apparent – and some places have seen a slight reduction in the number of passengers.

While traffic growth at Avinor airports topped 4.3 per cent in 2013, the rate in 2014 was 1.5 per cent lower. The trend over the past few months has also shown several signs of a levelling off of traffic. In December, overall growth at Avinor airports ended at 0.6 per cent compared with last December – and the previous month saw a slight decline in traffic.

“Although a new traffic record was set in 2013 with over 50 million passengers at our airports, 2014 saw a clear trend towards a levelling off of traffic, which began last autumn. So the question is whether we are facing a prolonged period of slower growth and possible decline in traffic or whether the picture will change as the year unfolds,” says Avinor CEO Dag Falk-Petersen.

Last year, Oslo Airport saw traffic rise 4.8 per cent compared with 2013, while Stavanger and Trondheim airports noted respective growth rates of 0.3 and 1.4 per cent. Bergen Airport saw a 0.4 per cent decline in passenger traffic last year. While the December figures for Norway’s four largest airports showed growth for Oslo Airport (more than 2 per cent), traffic at the other three decreased slightly.

“Passenger growth was strong for the first ten months, but slowed towards the end of the year. We saw growth in both November and December, but at a somewhat lower rate than expected. Flight schedules have been adjusted at several airports – and there is greater uncertainty in the market, due in part to low oil prices and how this will impact the Norwegian economy,” says Øyvind Hasaas, managing director of Oslo Airport.

The number of aircraft movements (departures and landings) went up 2.7 per cent in 2014.

Posted in Airports, CAAs/ANSPs, News

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