African Airlines’ Traffic Rise In January 2019

Kayode Oyero African Airline News, News, News Updates Leave a Comment

The International Air Transport Association (IATA) announced global passenger traffic results for January 2019 showing traffic (revenue passenger kilometers or RPKs) rose 6.5% compared to January 2018. This was the fastest growth in six months. January capacity (available seat kilometers or ASKs) rose 6.4%, and load factor inched up 0.1 percentage point to 79.6%.

Significantly, African airlines saw January traffic rise 5.1%, up from 3.8% in December. Concerns continue about the region’s largest economies, South Africa and Nigeria, however. The region’s capacity rose 2.9%, and load factor jumped 1.5 percentage points to 70.9%.

Mr. Alexandre de Juniac, IATA’s Director General and CEO, states: “2019 has started on a positive note, with healthy passenger demand in line with the 10-year trend line. However, market signals are mixed, with indications of weakening business confidence in developed economies and a more nuanced picture across the developing world.”

 

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