After a significant drop caused by the COVID-19 pandemic, global airline fuel spending has been continually rising and is on the brink of setting a new record this year. According to data presented by Stocklytics, the global airline industry is forecasted to spend a whopping $291 billion on fuel in 2024, or $100 billion more than…
Tag: airlines
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…
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…
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…
Air Travel, Cargo Growth Continues in February – IATA
The International Air Transport Association (IATA) announced continued strong growth in air travel demand, based on February 2023 traffic results. Total traffic in February 2023 (measured in revenue passenger kilometers or RPKs) rose 55.5% compared to February 2022. Globally, traffic is now at 84.9% of February 2019 levels. Domestic traffic for February rose 25.2% compared to the…
Traffic Carried by African Airlines in March Almost at Pre-Covid Levels – AFRAA
In March, the traffic carried by African airlines reached 94.8% of the full year 2019 level. Domestic market share was at 37%, intra-Africa at 31% and intercontinental at 32%. AFRAA estimates that by end 2023, total passengers carried by African airlines will reach 85 million, this being about 10 million short of the full year…
IATA Releases 2022 Airline Safety Performance
The International Air Transport Association (IATA) released its 2022 Safety Report for global aviation. The report showed a reduction in the number of fatal accidents and the fatality risk, compared to 2021 and to the five year average (2018-2022). Report highlights include: “Accidents are rare in aviation. There were five fatal accidents among 32.2 million…
Kenya’s Aviation Sector: The Future is Here
By Tabitha Gichuhi As a leading African nation in the tourism sector, Kenya has one of the most vibrant and exciting aviation markets in the continent. The country’s airports, airlines, and services have made tremendous strides in recent years, transforming the industry from a small-scale affair to a major player within the global aviation industry….
Air Cargo Africa Kicks Off Tomorrow in Johannesburg
One of the most anticipated trade shows for the global industry, air cargo Africa has cemented its leadership position over the past few years by attracting some of the most influential companies and professionals to the show. At a time when the African aviation industry, both for passenger and freight movement, is witnessing a massive surge in terms…
Ethiopia Airlines, Royal Air Maroc are Africa’s Most on Time Airlines
Ethiopia Airlines is the leading on time airline in Africa according to the Most On-Time Airlines and Airports of 2022 Unveiled by aviation analytics firm Cirium. Ethiopia Airlines scored 77.3% on time arrival over 102,571 flights while Royal Air Maroc scored 72.01% over 45062 flights. Globally, Brazil’s Azul Airlines has been named as the global leader…