Europe Air Traffic Reaches 50% of 2019 as Recovery Continues
- More flights bode well for continent’s troubled oil refiners
- A full revival in flights is not anticipated this year
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The recovery in Europe’s air traffic has hit a new milestone as people take to the skies again for summer vacations.
Aside from a brief pickup around Christmas, Europe’s air traffic is at its highest compared with pre-Covid levels since March last year, when the continent’s lockdowns really began to affect demand. On Sunday it rose just above 50% of 2019 levels based on a seven-day moving average, data from Eurocontrol show.