Trending
- Abu Dhabi radiates optimism as over 300 startups join AIM Congress 2024
- TLcom Capital Raises $154 million in Funding to Boost Its African Growth
- Africa’s $824Bn debt, resource-backed opaque loans slowing growth — AfDB
- LB Investment brings $1.2 trillion portfolio display to AIM Congress spotlight
- AmCham Summit kicks off, setting course for robust future of US-East Africa trade ties
- Why the UN is raising the red flag on the UK-Rwanda asylum treaty
- Portugal’s Galp Energia projects 10 billion barrels in Namibia’s new oil find
- Wärtsilä Energy offers tips on how Africa can navigate energy transition and grid reliability
Aviation
- African Airlines revenues for January 2024 were $ 1.83 billion compared to $1.56 billion in November 2023
- Available seats per kilometre (ASKs) also exceeded the level of March 2019 by 7.7 per cent.
- Open skies will boost intra-African connectivity and drive down airfares.
Investments among the continent’s carriers have begun to pay off as African Airlines Revenues and seat numbers hit a record high, a new report by African Airline Association (AFRAA) has shown.
The number of airline seats offered in the region has increased by 12.6 per cent to 16.1 million in March 2024, thanks to new routes and flight frequencies.
For the first time in four years, the industry surpassed pre-COVID-19 monthly figures of 14.3 million, recorded in March 2019.
The year 2024 is shaping up to be a significant year of recovery for the aviation industry. Airlines have regained their pre-Covid levels of capacity and traffic and …
- Luxury Tourism in East Africa has been on an upswing following the reopening of air travel.
- Marriott and Radisson Blu are leading the line in Investments in Luxury Tourism in East Africa.
- American hotel brand Marriott International is eyeing over 30 hotel openings in Africa by the close of 2024
East Africa has emerged as a magnet for luxury tourists seeking unforgettable experiences, as evidenced by the increasing investments in high-end travel and accommodation in the region.
This region, comprising countries Kenya, Tanzania, Uganda, Rwanda, and castelli gabba decathlon bmx castelli gabba custom maple leafs jersey custom maple leafs jersey adidas yeezy boost 350 turtle dove keyvone lee jersey asu football jersey sac eastpak dallas cowboys slippers mens jordan air force 1 nike air max 90 futura blundstone uomo sit top kayak fsu football jersey others, has witnessed a surge in high-end tourism from global hotel chains pumping investments in …
- Kenya Airways Cargo introduced a pair of Boeing 737-800 converted freighters two months ago to expand its cargo capacity.
- Kenya Airways will also resume direct passenger flights between Nairobi and Mogadishu starting 15th February 2024.
- KQ already operates the passenger version of the 737-800.
Kenya Airways Cargo (KQ Cargo) has expanded its route network to include direct cargo flights between Sharjah in the United Arab Emirates (UAE) and Mogadishu in Somalia.
The new route will be served weekly, effective 09th February 2024, and is expected to grow to two (2) weekly frequencies in April 2024. KQ Cargo has partnered with GSA Global Cargo LLC, a global cargo sales and service agent based out of UAE, as the cargo logistics partner to service the route.
KQ Cargo recently increased its freight capacities with the entry into service of a B737-800F, which offers an extended range, connecting vital cargo hubs and opening …
In Africa, South Africa has the biggest Airbnb market, accounting for half the listings in Africa.
In 2021, Airbnb registered 2.9 million hosts, with 100,000 of those coming from Africa. Approximately 14,000 hosts are now joining every month. It has reported 7 million listings and has spread to over 100,000 cities in 220 countries and regions.
South Africa boasts 43,400 listings and an income of above US$95 million; Morocco has 21,000 listings and an income of above US$22 million; Kenya has 5900 listings and a US$3.9 million income. …
- Kenya Airways (KQ) signs a code-sharing deal with Italian airline ITA Airways
- KQ said travellers could connect on the Kenya Airways network to ITA Airways network across Europe and reach some of Italy’s most picturesque cities and towns
- Customers flying from Nairobi with Kenya Airways will be able to conveniently connect to 13 destinations in Italy, among them Brindisi, Bologna, Bari, Catania, Genoa, Lamezia Terme and Napoli
Kenya Airways (KQ) and ITA Airways, Italy’s new flag carrier, have announced a code sharing agreement providing passengers with seamless connections from the Kenya Airways network to destinations across Europe.
In a statement, KQ said travellers could connect on the Kenya Airways network to ITA Airways network across Europe and reach some of Italy’s most picturesque cities and towns.
Customers flying from Nairobi with Kenya Airways will be able to conveniently connect to 13 destinations in Italy, among them Brindisi, Bologna, Bari, Catania, …
Kenya’s national carrier, Kenya Airways PLC (KQ), has signed a Strategic Partnership Framework with South African Airways (SAA), a key milestone towards co-starting a Pan African Airline Group by 2023.
The partnership framework follows the Memorandum of Cooperation (MoC) that the two airlines signed two months ago to foster the exchange of knowledge, expertise, innovation, digital technologies, and best practice between the two airlines.
The signing of the Strategic Partnership Framework by the two African airlines will see both airlines work together to increase passenger traffic, cargo opportunities, and general trade by taking advantage of strengths in South Africa, Kenya, and Africa.
It is expected that the partnership will improve the financial viability of the two airlines. Customers will also benefit from more competitive price offering for both passenger and cargo segments.
The signing of the Strategic Partnership Framework was witnessed by President Uhuru Kenyatta and his South African host, …
KQ has also increased the number of flights to Dar es Salaam and Entebbe from 14 to 16 while Kinshasa has seen an increase from 5 to 8.
Some Western countries like the UK and the US have issued travel advisories to their citizens, against travelling to Ethiopia.
The British Embassy has advised its citizens to leave Ethiopia while commercial flight opportunities are still available. The European nation has said that leaving Ethiopia may be difficult or even impossible in the coming days. …
- The region had drawn a number of important lessons from the pandemic especially in relation to the economic sectors that were hard hit such as tourism
- EAC citizens should be charged local rates while entering public tourist sites such as national parks and reserves that are distributed across the region
- EAC Partner States should also diversify their tourism products by developing other products
East African Community Partner States lost 92% of revenues in the tourism sector due to the COVID-19 pandemic, with arrivals to the region falling from 6.98 million arrivals before the pandemic to 2.25 million arrivals occasioning the losses.
EAC Secretary General Hon. (Dr.) Peter Mathuki however noted that the region was now open again for business, and urged EAC Partner States governments and other stakeholders to work together to market the region’s tourist attractions and products as part of efforts to ensure speedy recovery for the sector.…
- Benefits of the agreement include strategic positioning in global aviation and diversification of earning streams
- The Kenyan carrier said it remains committed to its financial turnaround strategy
- The deal comes at a time when SAA has just resumed operations after an 18 month hiatus
Kenya’s national carrier Kenya Airways (KQ) and South Africa Airways (SAA) have entered a memorandum of cooperation with a longer-term view to co-starting a Pan-African Airline Group that in time will enhance mutual growth potential between the two carriers.
In a statement, KQ said the cooperation aligns with core purpose of ‘Contributing to the sustainable development of Africa’.
The airline added that the agreement would be based on mutual benefits, including strategic positioning in global aviation, diversifying earning streams, and reinforcing regional partnership in Africa through diplomatic and commercial relations.
These benefits are expected to translate into an increase in passenger traffic, cargo opportunities, and general …
