Browsing: International Air Transport Association

• Despite the decrease in cargo demand, African airlines are expanding their capacity in comparison to 2022.
• European carriers and the Middle Eastern carriers experienced year-on-year decreases in cargo volumes in May 2023.
• On a global scale, there has been a decline of 5.2 percent in the demand for air cargo.

Cargo demand for African airlines has experienced a decline of 2.4 percent compared to May of the previous year due to weak demand stemming from rising inflation and the ongoing armed conflict in Sudan.

The International Air Transport Association (IATA) report for May 2023 on global air cargo markets indicates that despite the decrease in demand, African airlines have expanded their capacity in comparison to the previous year.

Furthermore, the report draws attention to a significant slowdown in the growth of the Africa to Asia trade route. The growth rate declined from 18.5 percent in April to 11 percent in …

South African Airways (SAA)—one of Africa’s largest carrier has just proposed to the south African government a $ 1.2 billion bailout assist debt settlement and resume flying as the second-largest economy anticipates to reopen the economy.

The fresh plan has received mixed feelings as Public Enterprises Minister Pravin Gordhan powerfully disapproved to that plan, and announced his ambitions for the creation of a new airline at the start of the month.

While on Sunday, President Cyril Ramaphosa restated the government’s purpose to revive SAA, according to information from Bloomberg News.

As the Ethiopian Airlines CEO Tewolde Gebremariam assures the world of a decent return for African planes, “here in Africa we expect to be slightly faster in recovery,” Gebremariam said in an interview with Bloomberg, SAA administrators eye a massive return.

According to information from Bloomberg News, the plan includes about 977 million rands that will go toward repaying South …

Air tickets prices could rise up to 54% depending on the region if social-distancing measures in the aviation sector are to be introduced warns the International Air Transport Association.

According to International Air Transport Association Director General and CEO, Alexandre de Juniac , when people return to travelling by air,  airlines support a temporarily biosecurity layered approach of passengers wearing face masks as well a masks while on board. Despite accepting the wearing of masks the airlines do not support the social distancing measures that will leave the middle seats empty.

“Airlines are fighting for their survival. Eliminating the middle seat will raise costs. If that can be offset with higher fares, the era of affordable travel will come to an end. On the other hand, if airlines can’t recoup the costs in higher fares, airlines will go bust. Neither is a good option when the world will need strong …

Africa is set to become one of the fastest-growing regions for aviation in the next 20 years with an annual expansion of nearly 5 per cent, according to the International Air Transport Association (IATA).

According to the International Air Transport Association (IATA), this growth is being driven by African and international carriers adding more routes on the continent and scaling up their operations by acquiring or getting partnerships with other airlines operating in the region.

Turkish Airlines in the past decade tripled the number of African cities it serves from 18 to 56, while other Middle Eastern, European and Asian airlines, are adding routes as well.

Meanwhile, other African carriers are rushing to raise capital to fund their expansion, by offering to sell stakes in their companies to other airlines on the continent.

Like in 2018 Ethiopian Airline, the continent’s largest airline by revenue and profit signed a deal to …