The ticket price paradox
Higher carbon charges, airport taxes, and jet fuel costs have lifted fares, yet leisure demand remains resilient as passengers continue absorbing the added cost.
Copenhagen Airport reported more than 3.1 million passengers in May 2026, its highest May ever. Strong transfer flows, SAS hub concentration, and a sharp domestic rebound keep CPH firmly ahead of Stockholm, Oslo, and Helsinki.
Higher carbon charges, airport taxes, and jet fuel costs have lifted fares, yet leisure demand remains resilient as passengers continue absorbing the added cost.
Copenhagen’s record is accelerated by SAS focusing a large share of international and long-haul hub operations at CPH. Nearly one in four CPH passengers is now a transfer traveller.
Stockholm and Oslo are growing more slowly from smaller bases, while Helsinki’s Asia-transfer model remains constrained by the closure of Russian airspace.
| Airport hub | May 2026 passengers | YoY growth | Context / performance |
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