Russia is set to significantly increase its expenditure on defence and national security according to a draft 2023 to 2025 budget.
Latest statistics highlight continued sustainable growth in the low-fare airline market
The European Low Fares Airline Association (ELFAA) released today updated statistics for its member airlines. Highlights of the updated statistics for 2008 are:
- 149.5 million passengers carried
- 15.7% growth year-on-year (passengers)1
- 81.5% average load factor (percentage of seats filled)
- 612 environmentally-efficient aircraft
- 5.2 average fleet age
- 23,306 employees
- 6415 passengers carried per employee (appr.)
John Hanlon, Secretary General of ELFAA said: “These latest statistics from ELFAA members show that the low fares business model is robust, even in times of crisis in the aviation industry.
"ELFAA member airlines continue to grow at a steady pace while maintaining high load factors. This, coupled with a young average fleet age and high seat density aircraft, results in minimised fuel burn and CO2 emissions per passenger kilometre, thus, reiterating the members’ environmental credentials.
"Now more than ever before, European consumers, whether travelling for leisure or on business, are opting for the best value-for-money air services, low fares and reliable operations.”
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