More
    HomeNewsAfrican airlines record 10.4% growth in demand, IATA reports

    African airlines record 10.4% growth in demand, IATA reports

    Published on

    spot_img

     

     

    The International Air Transport Association (IATA) has released its latest data, showing that African airlines experienced a 10.4% year-on-year increase in demand in October 2024.

    This growth is a positive development for the industry, indicating a strong and stable demand for air travel.

    In contrast, airlines in the Americas and the Middle East suffered a decrease in demand during the same period. However, European airlines had the highest load factors, with African airlines’ capacity increasing by 5.3% year-on-year and load factor rising to 73.2%.

    READ ALSO:

    Army Chief hails NAOWA’s role in supporting military families

    Yoruba council condemns Police over Dele Farotimi’s arrest

    Obidients threaten nationwide protests over Dele Farotimi’s detention

    According to IATA’s Director General, Willie Walsh, “Continued strong and stable demand is good news, but just as important is the steady improvement in load factors. It shows what a great job the industry is doing in flying people more efficiently.”

    Walsh also emphasized the importance of efficient air travel, noting that average seat factors have risen from around 67% in the 1990s to over 83% today.

    He cautioned against attempts to tax passengers off planes to reduce emissions, arguing that this would not necessarily lead to reduced emissions and would reverse decades of progress in the industry.

    The IATA data also showed that total demand, measured in revenue passenger kilometers, was up 7.1% compared to October 2023. Total capacity, measured in available seat kilometers, was up 6.1% year-on-year, and the October load factor was 83.9%.

    International demand rose 9.5% compared to October 2023, with capacity up 8.6% year-on-year and the load factor rising to 83.5%. Domestic demand rose 3.5% compared to October 2023, with capacity up 2.0% year-on-year and the load factor at 84.5%.

    Kindly share this story:

    Contact: [email protected]

    Stay informed!
    Follow us on: X.com: @TheReporter2024
    Follow us on: Facebook: TheReporterNigeria
    WhatsApp for breaking news, updates and exclusive content. Don't miss a headline – Click below to join now!
    WHATSAPP

    Latest articles

    My daughter was murdered for ritual, says victim’s father

    Father of Yetunde Lawal, Alhaji Ibrahim Lawal has said that Yetunde who was his...

    Suspected son of prominent Islamic scholar in police net for murder of final year student in Ilorin 

    One Yetunde Lawal, a female final year student, of the Kwara state College of...

    Jonathan urges African leaders to tackle instability with inclusion, economic empowerment

    Former President Dr. Goodluck Jonathan has advised African leaders to prioritise inclusion and economic...

    Amb Isola mourns demise of Chief Adebanjo

    Nigeria's immediate past High Commissioner to the United Kingdom, Ambassador Sarafa Tunji Isola has...

    More like this

    My daughter was murdered for ritual, says victim’s father

    Father of Yetunde Lawal, Alhaji Ibrahim Lawal has said that Yetunde who was his...

    Suspected son of prominent Islamic scholar in police net for murder of final year student in Ilorin 

    One Yetunde Lawal, a female final year student, of the Kwara state College of...

    Jonathan urges African leaders to tackle instability with inclusion, economic empowerment

    Former President Dr. Goodluck Jonathan has advised African leaders to prioritise inclusion and economic...