2020 news

  L  April 2020 Air Passenger Market Analysis 
Air passenger demand comes to a standstill amidst lockdowns
African airlines register largest fall in international Passenger Load Factor (PLF)

Capacity (ASKs) reductions at -88% for African carriers. As a result of less radical capacity cuts, the largest fall in international PLF was registered by African airlines (-65ppts). Given the unique nature of the shock, traditional drivers of air travel demand play temporarily a less significant role in determining RPK developments. That said, these drivers will gain their importance again in the near term once lockdowns and restrictions are lifted and the industry starts its path towards recovery...Read more...  

  L  April 2020 Air Freight Market Analysis  
Air cargo volumes fall further but load factors up sharply
African airlines remain resilient

International CTK of African carriers plunged 20.9% in April 2020 compared to April 2019, an acceleration from the small 1.2% decline seen in March. The region has been relatively less impacted by the pandemic, with containment measures being also less strict than elsewhere. Despite the quasi-complete stop of activities of South African Airways, the small Africa/Asia market was the most resilient (in the current context) route in April – as often in the recent period...Read more... 

/ 2020 news

  L  March 2020 Air Passenger Market Analysis 
Air passenger demand and capacity evaporate amid COVID-19
Africa and International demand plummets as borders close

For airlines in Africa, international RPKs contracted by 42.8% in annual terms in March. Unsurprisingly, Africa/Asia was the worst performing market for the region, with volumes down around 65% year-on-year as the flow of investment and business from China came to an abrupt halt. Read more...  

  L  March 2020 Air Freight Market Analysis  
Air cargo plunges in March as COVID-19 spreads globally
African airlines less affected by disruptions in March

Year-on-year growth in international CTKs of African airlines in March fell by 1.2% following the positive annual outcomes in January and February. The Africa/Asia market was the only trade lane which continued to post growth in March, with volumes up almost 10% year-on-year. Read more... 

  L  IATA Postpones 2020 AGM 
April 3, 2020. IATA news. 

Geneva - The International Air Transport Association (IATA) announced the postponement of the 76th Annual General Meeting (AGM) and World Air Transport Summit. The event had been scheduled to take place on 22-23 June in Amsterdam.

The 76th IATA AGM and World Air Transport Summit will be held when it is both safe and practicable to do so. IATA anticipates that will be in the late third or early fourth quarter of 2020. An announcement will be made when a date is confirmed. 
    “Our members are in the deepest crisis the air transport industry has ever faced...” said Alexandre de Juniac, IATA’s Director General and CEO.  Read the original article...

  L  February 2020 Air Passenger Market Analysis 
Air travel shows the first dramatic impact from COVID-19 
Growth turns negative in Africa

International RPKs flown by African carriers contracted by 1.1% year-on-year in February, the weakest outcome since 2015. The decline was driven by a ~35% year-on-year fall in the Africa-Asia market; a market which had previously been one of the main contributors to the region’s growth. Read more...  

  L  February 2020 Air Freight Market Analysis  
Air cargo growth slumps in February as COVID-19 takes hold
African airlines resilient to disruptions in February

Year-on-year growth in international CTKs of African airlines in February (6.5%) was unchanged from that of January. The Africa-Asia and Africa-Middle East trade lanes continue to bring robust growth to the region (Chart 6). Despite that, a downward trend seems to have started in SA cargo volumes, after a peak in November 2019. Read more... 

  L  January 2020 Air Passenger Market Analysis 
Passenger growth slows as COVID-19 impacts the industry 
African airlines post 5.3% annual increase

African airlines posted a 5.3% annual increase in international passenger demand, almost unchanged from December 2019 (5.1%). Flight disruption in late January was also relatively small for this region’s carriers. Read more...  

  L  January 2020 Air Freight Market Analysis  
Challenging time for air cargo in the period ahead…
African airlines continue to lead the growth chart…

African carriers topped the international CTK growth chart for the 11th consecutive month amidst solid growth on the smaller Africa-Asia trade lanes (up 12.4% in 2019). However, the 7.0% expansion in January represented a sharp slowdown from December and also a softer pace compared to H2 2019 (average of 11%).
   SA air cargo volumes also fell, but the drop did not distort an underlying solid upward trend that emerged in mid-2018. The relatively small size of Africa market (1.8% of the total) helps to explain the larger volatility this month. Read more...


2019 news

  L  December 2019 Air Passenger Market Analysis 
Below-trend but still solid air passenger growth in 2019
African carriers posted the fastest RPK growth

International RPKs for African carriers rose by 5.1%yoy in December – a pace broadly in line with the expansion in 2019 as a whole. Airlines in the region benefited from a generally supportive economic backdrop in 2019 – including improved stability in a number of countries – as well as increases in air transport connectivity. Read more...  

  L  December 2019 Air Freight Market Analysis  
Air freight volumes down 3.3% in 2019; 1 st decline since 2012
Growth accelerates in Africa… 

International freight volumes for African carriers grew by a robust 7.7% in 2019, stepping up from -0.1% in 2018. In year-on-year terms to December, Africa recorded a brisk double-digit growth rate of 10.7%. Over the year, air cargo volumes have been supported by strong capacity growth and investment linkages with Asia.Africa delivers the strongest growth in 2019. Read more...

  L  November 2019 Air Passenger Market Analysis 
A month of moderate volume growth but stabilizing drivers
Another month of growth in Africa…

Carriers registered in Africa saw international RPK volumes grow by ~5% year-on-year in November, rebounding after two consecutive months of modest growth around 2-2.5%. Ongoing challenges in the South African market have been more than offset by strong performances elsewhere in the region. Read more...  

  L  November 2019 Air Freight Market Analysis 
Annual global freight volumes decline but pressures are easing
Growth accelerates in Africa…

International FTK volumes of airlines based in Africa rose by a swift 20.5% in November 2019 compared to the same period a year ago, the strongest outcome in more than two years. In consequence and despite a strong increase in freight capacity (AFTKs were up 14.9% y-o-y), the international load factor for the region lifted by 1.9ppts in November. As we have noted on previous occasions, most of the recent freight performance in Africa is driven by the Asia-Africa market and reflecting the strength of foreign investment into the region. Read more...