‘African airlines again record highest passengers’ traffic growth’

Posted: July 24, 2017 in general

Ethiopian AirlinesThe global passenger traffic results recorded 11.7 per cent growth for May 2017, showing African airlines leading all regions compared to the results in 2016, according to a statement released by the International Air Transport Association (IATA).According to the statement signed by its Director-General, Mr Alexandre de Juniac, in Lagos, Thursday, African airlines had also recorded the highest passenger traffic growth in April with 17.2 per cent traffic increase compared to April 2016.

“African airlines’ traffic rose to 11.7 per cent in May compared to a year ago, which was more than twice as fast as the 5.1 per cent rise in capacity. As a result, load factor jumped from 4.0 percentage points to 67.5 per cent. Demand is supported by recovery on the key Europe market.

“Conditions in the region’s two largest economies are diverging, with business confidence in Nigeria rising sharply over the past six months, while South Africa’s economy fell into recession in the first quarter,’’ said De Juniac.

According to him, European carriers saw demand climbed 7.5 per cent over May 2016, while Asia-Pacific Airlines saw their traffic rise to 10.5 per cent in May compared to the year-ago period, while the Middle-East carriers had a 3.7 per cent rise in demand in May compared to a year ago.

This he said was close to an eight-year low which was not unconnected to the ban on the carriage of large portable electronics devices (PEDs) in the cabin from 10 airports in the region to U.S.

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