Tag
AFRICAN AIRLINES
African airlines experienced an 11.9% increase in passenger demand in September 2024 compared to the previous year, achieving a load factor of 76.0%.
African airlines reported a 10.1% increase in international passenger demand in August 2024 compared to the same month in 2023, signalling robust growth in the region's aviation sector.
African airlines have emerged as a significant force in the global aviation sector, recording about 16% growth in passenger demand in June 2024.
African airlines saw a remarkable year-on-year 3.7% surge in load factor in the international passenger market, reaching 72.3% in May 2024, the fastest increase among all regions.
International passenger market, African airlines, International Air Transport Association (IATA) report passenger demand.
In April 2024, African airlines experienced a 10.6% year-on-year increase in air cargo demand, aligning with robust global growth in the air cargo market in the second quarter of the year.
African airlines see 20.7% year-on-year increase for international passenger traffic.
In an impressive turn of events, African airlines have outpaced their counterparts in Europe, the Middle East, and across the globe in terms of total passenger traffic for the month of June 2023.
International traffic climbed 122.2% in the review period compared to September 2021
According to the report, the increase demonstrated the industry’s resilience amid economic uncertainties
African airlines are expected to lose about $700 million in 2022, as their demand is expected to reach 72% of pre-COVID level.
The International Air Transport Association (IATA) says African airlines’ traffic rose to 116.2 per cent in April 2022