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African airlines record 15.5% y-o-y rise in passenger demand in Apr, awhile global market expands 11% – IATA

Aviation Media
May 30, 2024
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The International Air Transport Association (IATA) released data for April 2024 global passenger demand with the following highlights: · Total demand, measured in revenue passenger kilometers (RPKs), was up 11.0% compared to April 2023. Total capacity, measured in available seat kilometers (ASK), was up 9.6% year-on-year. The April load factor was 82.4% (+1.0ppt compared to April 2023). […]

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IATA Identifies Challenges, Priorities for Air Transport in Africa

Aviation Media
December 18, 2022
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Despite the projection by the International Air Transport Association (IATA) that Africa’s airlines are on track to post a combined $638 million loss this year, with demand still 32.3 per cent lower than 2019 and capacity 31.1 per cent off the 2019 high-tide, the global body has also projected that by the last quarter of […]

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Ethiopian Airlines, Boeing Sign Strategic MoU to Position Ethiopia as Africa’s Aviation Hub

Aviation Media
September 7, 2021
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Ethiopian Airlines Group and the Boeing Company, USA have signed a strategic Memorandum of Understanding (MoU) on positioning Ethiopia as an aviation hub for Africa. Building on the two parties’ over 70 years of shared history in aviation, the MoU aims at positioning Ethiopia as Africa’s aviation hub – “Ethiopia for Africa”. Boeing has recognised […]

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‘African Nations’ GDP May Shrink by $33bn’

Aviation Media
August 1, 2020
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The International Air Transport Association (IATA) has urged African nations to adopt safety measures before restarting international operation. It also estimated that the aviation industry in the continent was at risk of collapse, putting about 3.3 million jobs in jeopardy, while also predicting $33 billion Gross Domestic Product (GDP) contraction for African economies. IATA […]

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Recovery Delayed as International Travel Remains Locked Down

Aviation Media
July 28, 2020
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The International Air Transport Association (IATA) released an updated global passenger forecast showing that the recovery in traffic has been slower than had been expected. In the base case scenario: · Global passenger traffic (revenue passenger kilometers or RPKs) will not return to pre-COVID-19 levels until 2024, a year later than previously projected. · The recovery in […]