Transport

African airlines see 6.2 year-on-year rise in demand for air cargo transport in July

Posted on by Wole Shadare
African airlines see 6.2 year-on-year rise in demand for air cargo transport in July

The International Air Transport Association (IATA) has has released its July 2024 y-o-y analysis of the air cargo market (a very useful barometer of trade) based on capacity (supply) and traffic (demand). During the month in review, African airlines saw 6.2% year-on-year demand growth for air cargo in July, the lowest of all regions and their lowest recorded figure in 2024. Demand on the Africa–Asia market increased by 15.4% compared to July 2023, just as July…

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Protectionism: Barrier to Africa’s air transport liberalisation

Posted on by Wole Shadare
Protectionism: Barrier to Africa’s air transport liberalisation

Despite very strong protectionism, we are all witnesses to the short life span of most of the African national carriers with an average life cycle of about 15 years maximum. WOLE SHADAREwrites that protectionism as much as it can be defended may have backfired on the continent’s air transport growth Key factor One key component of unlocking air transport connectivity in Africa is through the Single Africa Air Transport Market (SAATM) otherwise known as Africa’s ‘Open…

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