Market Research Report Europe aviation industry,Italy aviation sector,Fra | Page 2

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 Europe’s aviation market