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Fair Growth in European Aviation industry Driving Demand

for Airport Construction Projects-Ken Research

Europe is a continent that comprises the westernmost part of Eurasia.
Europe is bordered by the Arctic Ocean to the north, the Atlantic Ocean to
the west, and the Mediterranean Sea to the south. Europe is the richest
region and its economy is currently the largest on Earth. Historically, air
transport in Europe has developed with the support and control of
national authorities. Europe has monopolistic national carriers and
publicly owned or managed airports. International air transport was based
on inter-state bilateral agreements and has expanded accordingly, in
particular, market access and ownership regimes of carriers.

The EU regulatory measure has turned a protected national aviation

market into a competitive single market for air transport. The air-packages
relaxed related to the fares, capacity and removing all commercial
restrictions for European airlines operating within the EU.
These changes in European aviation established European Single Aviation
Market. The number of passengers in air transport increased rapidly over
the years, which is the strongest growth in all modes of transport in
Europe. The European Parliament has stressed the need for a common
policy on air transport for the establishment and proper functioning of the
Single Aviation Market.

The airport construction projects in Europe are followed by Timetric's

Construction Intelligence Center (CIC)), which includes project details from
the announcement to execution stages. The estimated total value of the
airport construction projects in Europe is US $126.1 billion. The countries
involved are Turkey, UK, Russia, Germany, Portugal, Austria, Norway, Italy,
Ukraine and Greece.
A new passenger terminal was constructed at Zagreb International Airport,
Croatia, to replace the existing damaged terminal. The expansion plans at
the Amsterdam Airport, included the new fifth runway. The plans also
involved the innovative automatic border passage system that uses iris
recognition, enabling quick and secure border passage. Igor Sikorsky Kyiv
Airport (formerly Zhuliany airport) is an international airport located 7km
away from Ukraine's capital city. Domestic Terminal D at the airport was
renovated and reopened in March 2017; facilitate the airport to
accommodate up to two million passengers a year. Construction of a new
Terminal B was proposed by airport operator in Luxembourg Airport
Authority. The planning, preparation and construction works of the new
terminal were started in the same year and will be complete by the mid of
the year 2017. The investment in Tallinn International Airport is Estonia's is
estimated 127m for its development between 2016 and 2020.
The European air traffic management is constantly exploring ways to
manage capacity and growth with the infrastructure or runway expansion
which is a perfect solution. Despite major economy doubts, the Europes
aviation market remained sturdy in 2015. In the coming years Europes GDP
may grow by 1.8% annually all the way through 2035. The European airlines
carries approximately 307 million passengers, showing increase in
passengers of about 12.3% over 2014. The aviation market is expected to
grow rapidly during the next 20 years, while acquiring more than 7,500 new

Topics Covered in The Report

Airport construction market Europe
Airport construction industry Europe
Europe Airport construction industry developments
Europe construction projects
Europe upcoming construction projects
Europe Airport Construction investment
Europe Airport construction regulations
Europe Airport construction regulations
UK Airport construction market
Germany Airport construction market
Germany Airport construction market growth
Germany Airport construction market trends
Germany Airport construction market Future
Germany Airport construction market analysis
Germany Airport construction market size
Spain Airport construction market
France Airport construction market growth
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Ken Research
Ankur Gupta, Head Marketing & Communications