The continuing development of airport competition in Europe Prepared for ACI EUROPE 15 September 2017 ( Orexa)

Rapport de Oxera très complet , en analysant les grandes tendances 2010-2016.

Des éléments de conclusion :

Conclusions -This report has identified a number of key trends that have continued to develop from the last time ACI EUROPE assessed the European aviation market in 2012: ? the aviation market as a whole has continued to grow, largely driven by LCCs and a growing leisure market. In particular, LCCs have grown strongly at larger airports across Europe where previously they had often been absent, exposing different airports to the negotiating strategies used by these airlines and increasing switching behaviour at those airports; ? hubs and airlines in the Middle East and Turkey have continued to develop strongly, both increasing the number of connections available for European passengers to use for long-haul travel and providing airports across Europe with the potential to compete for those connections; ? airline business models have continued to evolve, with the continued development of pan-European LCC networks, the launch of long-haul lowcost routes, an increase in the use of multi-hub strategies, and a degree of convergence in LCC and short-haul FSC business models. Airports’ commercial success is determined by the marginal decisions on the part of airlines and airports. This means that the commercial behaviour of some airlines, seeking to maximise fleet profitability across their pan-European networks, drives the behaviour of the affected airports, to the benefit of all airlines operating at those airports. The dynamics of the aviation market therefore significantly constrain the ability of many airports to set charges. This study has set out a clear framework for assessing the extent of competition between airports in Europe. Competition between airports is multi-faceted, and our framework centres on three main aspects: ? competition for airline services on a pan-European basis (new and existing routes); ? competition for connecting passengers; ? competition for passengers in the local area. In reality, the world is not as clear-cut as this framework, with the different facets of competition interacting with each other to create an overall competitive position for airports in Europe. For example, the growth of Middle Eastern hubs and airlines has had an important impact on competition for connecting passengers—i.e. the number of airports that passengers travelling from Europe to Asia/Australia can connect through has increased. In addition, this growth has resulted in competition for airline services to create the spokes to those new hubs from European airports.