European Regional Growth Slows

Following in the footsteps of their American counterparts European regional growth slowed to a point not seen since 9/11, according to the European Regions Airlines Association (ERA) which convened this week for its general assembly. Passenger growth in the first half grew 3.7 percent, the lowest since 2001 when growth was only 3.4 percent. The first half growth compares to the 7.7 percent growth experienced in the year-ago period. For a complete report see the next issue of Regional Aviation News.