VistaJet brought business leaders, heads of state and governments together at one of the world’s largest forums in the 9th Forum of China-Africa Cooperation (FOCAC) in Beijing from September 4 to 6. The FOCAC summit, which meets once every 3 years alternating between China and Africa, aims to expand and deepen the China-Africa cooperation and…
Tag: Africa
Selim Bouri Joins SITA to head Middle East & Africa Region
SITA, the global leader in technology solutions for the air transport industry, has appointed Selim Bouri as President of the Middle East and Africa region. Selim is a seasoned leader in aviation, secure communications, and technology. He has held several high-profile roles during an illustrious career in the global aerospace, telecommunications, and security sector, including…
Expanded Routes, Better Connectivity & Rising Domestic and International Travel Key to Strong African Airlines’ Performance
Airline Performance Africa’s aviation industry continues to perform strongly, with increased passenger traffic and improved operational efficiency. Key drivers include expanded routes, better connectivity, and rising domestic and international travel demand. Regarding seat availability in Global Africa, there was a notable 7% increase from 16 million seats in July 2023 to 17 million seats in…
Air Cargo Demand Surges 10.8% in December, Closing 2023 Near 2022 Levels
The International Air Transport Association (IATA) released data for global air freight markets showing that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties. Full-year demand reached a level just slightly below 2022 and 2019. Global full-year demand in 2023, measured in cargo tonne-kilometers (CTKs), was down 1.9%…
African Airlines Air Cargo Volumes Decline in September Despite Overall Global Growth – IATA
African airlines saw their air cargo volumes decline by 0.1% in September 2023, despite global air cargo markets, showing continuing demand recovery increasing by 1.9% compared to September 2022 levels according to data for September 2023 global air cargo markets released by IATA. The decline was also despite the strong growth of demand on the…
Global Passenger Traffic Expected to Recover by 2024 & Reach 9.4 billion Passengers
Airports Council International (ACI) World has published its fourteenth quarterly assessment analyzing the impact of the COVID-19 pandemic, its effects on airports, and the path to recovery. Passenger traffic forecast 2023–2024: key takeaways Prior to the COVID-19 pandemic, the global passenger volume was estimated to reach 10.5 billion passengers in 2023. However, the current projection of global…
AFRAA Secretary General keynote address at the 53rd AASA AGA
AFRAA Secretary General – Mr Abderahmane Berthé, delivered a keynote address at the 53rd Annual General Assembly of the Airlines Association of Southern Africa (AASA). He made a brief on the state of the airline industry highlighting traffic, connectivity and profitability performance of African airlines and articulated on AFRAA actions on blocked funds, affordability, environmental sustainability…
AFRAA, IATA Reinforce Collaboration to Create a Brighter Future for the African Aviation Industry
Aviation plays a crucial role in connecting people and facilitating economic growth; Africa stands out as the region with the greatest potential. The industry is estimated to support $63 billion in economic activity and 7.7 million jobs according to the Air Transport Action Group (ATAG). Amid the potential and opportunities for growth, the air transport…
Air Cargo Demand Remains Weak in May
The International Air Transport Association (IATA) released data for May 2023 global air cargo markets showing weak market conditions. Global demand, measured in cargo tonne-kilometers (CTKs), fell 5.2% compared to May 2022 (-6.0% for international operations). Capacity, as measured by available cargo tonne-kilometers (ACTKs), rose 14.5% compared to May 2022, primarily driven by belly capacity…
Aero Africa Expands its Operations in China and the U.A.E
Aero Africa group expands its operations in China and the U.A.E by launching a new sea-air combined transport product from Asia to 70 African destinations via Dubai. The new SAS product (Sea Air Solution) provides specific benefits to regional economies, airlines, airports, seaports, shipping companies, forwarders, importers, and exporters, while its Dubai hub is highly…