African Airlines Sees 18.5% Traffic Increase in January 2024
The International Air Transport Association (IATA) says “African airlinessaw a 18.5% traffic increase in January 2024 versus a year ago. January capacity was up 19.2% causing load factor to decline 0.4 percentage points to 73.3%, the lowest among the regions.”
According to IATA passenger report for January 2024, globally “the total demand, measured in revenue passenger kilometers (RPKs), was up 16.6%; total capacity, measured in available seat kilometers (ASK), was up 14.1%; and the load factor was 79.9% (+1.7pt)” ,while “international demand rose 20.8%; capacity was up 20.9% and the load factor remained at 79.7% (+0.0pt)” and “Domestic demand rose 10.4%; capacity was up 4.6% and the load factor was 80.2% (+4.2pt)”
Willie Walsh, IATA’s Director General said: “2024 is off to a strong start despite economic and geopolitical uncertainties. As governments look to build prosperity in their economies in the busiest election-year ever, it is critical that they see aviation as a catalyst for growth. Increased taxes and onerous regulation are a counterweight to prosperity. We will be looking to governments for policies that help aviation to reduce costs, improve efficiency and make progress towards net zero CO2 emissions by 2050.”
