African airlines reports 8.2% demand growth in Nov 2016

Published on : Monday, January 16, 2017

African AirlinesAfrican airlines experienced an 8.2 per cent growth in demand last November compared with same month in 2015, the International Air Transport Association (IATA) says.


The African region posted “robust” growth in November last year, IATA said in the global passenger traffic update for November 2016.


“Economic conditions in much of Africa remain challenging, particularly in the biggest economies of Nigeria and South Africa but the upward trend in seasonally-adjusted passenger traffic has reasserted itself more recently, supported by strong demand on routes to and from Asia and the Middle East,” it said.


IATA said capacity rose by 5.1 percent while load factor climbed 1.9 percentage points to 66.3 per cent. Going forward, the association said the industry had reshaped itself and strengthened its resilience to shocks.


The threat of terrorism, questions over the durability of the economic upswing, rising oil prices and increasing “protectionist rhetoric” are among the concerns the airline industry faces.


“We should see another solid year of collective profitability for the airlines in 2017 but we mus t be vigilant,” IATA said.


IATA represents some 265 airlines accounting for 83 per cent of global air traffic. The industry already supports 6.8 million jobs and generates 72.5 billion US dollars in economic activity on the continent.


Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 03 IMEX 2018
  • 05 itb-china 2018
  • 06 PATA ORG 2018
  • 06 THSA 2018
  • 07 Digital-Travel-2018
  • 08 ShanghaiWTF 18
  • 09 APHIC 18
  • 09 brainlinx 2018
  • 10 Digital Travel Summit EU 2018
  • 10 ITE 2018
  • 11 questexevents 18
  • 12 Traveldaily 18
  • 30 PATA


Get our toolbar!
Review on