Africa Archives - Page 7 of 8

IATA: Africa’s 16.9% air travel demand up 16.9%, tops world’s best load factor

Posted on July 31, 2024July 31, 2024 by Wole Shadare

The demand for air travel in Africa rose by 16.9% in June, while capacity was up 5.8% year-on-year, making the continent’s air travel world’s best-improved load factor according to the International Air Transport Association (IATA) which released data for June 2024 global passenger demand. The load factor rose to 77.0% (+7.4ppt compared to June 2023). This was the largest improvement in load factor among all regions. While total demand, measured in revenue passenger kilometres (RPK), was up 9.1% compared to June…

Minister: SAATM provides opportunity for Africa’s air transport growth

Posted on July 2, 2024 by Wole Shadare

…Laments Africa’s air liberalisation slow pace Minister of Aviation Minister and Aerospace Development, Festus Keyamo said the Single African Air Transport Market (SAATM) provides the opportunity for the African aviation industry to enhance connectivity, improve safety standards, and boost economic growth. He however lamented that that few governments have taken the steps needed for its implementation. The Minister also called for a concerted effort to address the challenges facing the African aviation industry, such as…

Africa’s aviation obstacles to reaching 2050 net zero deadline

Posted on June 25, 2024 by Wole Shadare

The aviation industry is increasingly recognizing the importance of adopting sustainable practices to mitigate its environmental impact. However, WOLE SHADARE writes that aside from the huge costs associated with SAF, other factors such paucity of funds that make it difficult for them to acquire newer aircraft may make the 2050 net zero target unrealistic Time frame The disclosure penultimate week at the recently concluded Annual General Meeting of the International Air Transport Association (IATA) held in Dubai,…

Restrictive market, bane of African carriers, says Walsh

Posted on June 20, 2024June 20, 2024 by Wole Shadare

…”Africa can be exporter of SAF” The Director-General of the International Air Transport Association (IATA) Willie Walsh has zeroed in on African airlines and insisted that their major single problem is that they operate in very small economies, rather than in Europe where an airline from one country can fly anywhere in the same region. Operating in bigger economies, he reiterated would help the carriers to spread their overhead costs across a much bigger market…

Africa’s high operational costs cause of low propensity to spend on air travel

Posted on June 17, 2024June 17, 2024 by Wole Shadare

…Air connectivity hiccups dampen aviation expansion The International Air Transport Association (IATA) has described Africa as a continent with a high operational cost base and a low propensity to spend on air travel. The clearing house for over 300 global airlines in its region-by-region roundup of airlines profitability outlook for 2024 said in 2024, all regions are expected to generate profits for a second year in a row with the most significant increase being for Asia-Pacific…

Delta to expand reach in Africa, says Ed Bastian

Posted on June 10, 2024June 10, 2024 by Wole Shadare

Delta Air Lines Chief Executive Officer, Ed Bastian has described the carrier as the biggest United States carrier in Africa with many connections, explaining that the airline was poised to extend its network in the continent with its codeshare partner, Kenya Airways. Speaking at a media briefing with journalists from Africa, the Middle East, North America and Europe shortly before the International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit…

RwandAir in aggressive fleet, route expansion to ease Africa’s air connectivity

Posted on June 9, 2024June 10, 2024 by Wole Shadare

RwandAir, the national carrier of Rwanda said its growing expansion in Africa and beyond through codeshare and other partnerships is boosted by its desire to connect the continent with the rest of the world. The disclosure was made by the Chief Commercial Officer of the carrier, Mr. Owie Best while addressing the media on the milestones achieved by the carrier in the past two decades of operations while announcing the return of the airline’s daily…

How foreign airlines lost over 50% trapped funds to Africa’s currency devaluation

Posted on June 5, 2024 by Wole Shadare

….Continent’s carriers worst hit, says IATA Nigeria and other African countries may have been given a clean bill of health over the payment of foreign airlines’ trapped fund, but the International Air Transport Association (IATA) said only about 50% per cent of the entire value of its fund was lost to the devaluation of currencies of most African nations since 2022 when these funds started piling up. IATA’s Regional Vice-President of Africa and Middle…

Qatar’s destinations in Africa rise to 29 with DRC operations

Posted on June 1, 2024 by Wole Shadare

Mega carrier, Qatar Airways is expanding rapidly into the African aviation market as the carrier began flight operations, connecting the Democratic Republic of Congo with Europe, the Middle East and Asia. The inaugural flight from Doha to Kinshasa landed at N’djili International Airport on Saturday, 01 June 2024, bringing the total number of African destinations served by the airline to 29. The new route promises to connect Kinshasa to the world via Qatar Airways’ Doha…

Visa: Remediating African obstacles

Posted on May 28, 2024 by Wole Shadare

Embracing liberal visa policies will not only facilitate seamless travel but also contribute significantly to enhanced trade in goods and services, cross-border investment and shared prosperity, writes, WOLE SHADARE Visa-free Africa Lots of commentators/observers (international and local) have argued on the issue of a Visa-free Africa, being the route to Africa’s integration. Some have said it’s necessary for a liberalised Africa and easy movement of Africans across borders, free movement of goods and services and…

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