The International Air Transport Association (IATA) announced that the recovery in air travel demand is continuing in 2023, based on January traffic results. Total traffic in January 2023 (measured in revenue passenger kilometers or RPKs) rose 67.0% compared to January 2022. Globally, traffic is now at 84.2% of January 2019 levels. Domestic traffic for January 2023 rose…
Tag: covid-19
Ethiopian Airlines flights to China to return to pre-Covid levels
Ethiopian Airlines, the leading airline in Africa, is pleased to announce that the frequency of its flights to Chinese cities will increase as of February 06, 2023 ultimately returning to the pre-COVID19 levels on March 01, 2023 following the lifting of restrictions by the Government of China. As of February 06, 2023, Ethiopian Airlines will…
Airports Company South Africa: Revenue Up 81% in 2021/22 Over 2020
PERFORMANCE HEADLINES: • Revenue up 81%, from R2.2 billion to R3.9 billion • ACSA reports a loss of R1 billion, down from R2.6 billion loss in 2020/21 • Gearing increases to 26% from 23% • Recover and Sustain strategy implemented with positive results Airports Company South Africa (ACSA) has today reported its financial results for…