EX-YU markets top European summer growth


Several countries from the former Yugoslavia have topped European capacity growth for the 2019 summer season, which began yesterday. During the second quarter of this year and the first half of summer, Croatia will see the biggest increase in available seats within the former Yugoslavia, followed closely by Macedonia, Bosnia and Herzegovina, Montenegro and Serbia. All five have made it into Europe's top fifteen fastest growing country markets for the second quarter of the year, according to the airline network and analysis portal "Anna Aero". The British overseas territory of Gibraltar will see the biggest increase in capacity when compared to last year, followed by Albania, Ukraine, Georgia and Austria.

Croatia will register a 15.2% increase in year-on-year capacity over the next three months. Growth has been fuelled after numerous carriers brought forward the resumption of their seasonal flights to the coast, in addition to the use of larger aircraft on existing routes and the launch of new services. Overall, Croatia's nine commercial airports anticipate handling over eleven million passengers this year. The growth in available seats will be followed by Macedonia, which will register a 13.5% increase in capacity. Wizz Air, which is in the process of introducing eight new routes from Skopje and Ohrid airports, will bring an additional 200.000 seats onto the market. As a result, the low cost airline will have over 1.9 million seats on sale to and from the country this year.

Europe's top fifteen growing markets in Q2 2019

Market Growth (%)
Gibraltar 24.3
Albania 23.2
Ukraine 17.0
Georgia 16.1
Austria 15.5
Croatia 15.2
Macedonia 13.5
Latvia 12.0
Bosnia and Herzegovina 11.1
Faroe Islands 10.5
Montenegro 9.7
Belarus 9.0
Hungary 8.2
Portugal 7.2
Serbia 7.1

Bosnia and Herzegovina's capacity growth will amount to 11.1%. The increase in the second quarter will come as a result of Ryanair's flights to Banja Luka Airport, as well as increased aircraft movement in Sarajevo. Montenegro will boast a 9.7% year-on-year increase in capacity, making it the eleventh fastest growing market, between the Faroe Islands and Belarus. Serbia, which will see the bulk of its summer capacity growth during the third quarter, is set to register a 7.1% increase in available seats during the second. Belgrade Nikola Tesla Airport is targeting 6.2 million passengers this year, while Serbia as a whole should reach at least 6.6 million travellers, the country's Deputy Prime Minister and Minister for Construction, Transport and Infrastructure, Zorana Mihajlović, said recently.




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