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Spotlight / 2024 

#SADC_AviationTrends / 2024

News 2024

  L  February 2024 Air Passenger Market Analysis
Published April 3, 2024. IATA Economic Reports.

Global passenger numbers greater than pre-COVID           
African airline cargo volumes up 21.9% YoY  

African airlines recorded the highest YoY growth rate of 21.9%, and the highest MoM expansion of 2.9%. The Africa-Asia trade lane experienced a 42.3% YoY growth. Positive annual growth in international air cargo traffic was recorded across the board in February, led by African and Middle Eastern carriers, and expanding on European route areas. Read more...  

  L  February 2024 Air Freight Market Analysis 
Published April 3, 2024. IATA Economic Reports.

Positive air cargo growth continues   
Africa's air cargo capacity increased by 28.2 % YoY

African airlines saw 22% YoY demand growth for air cargo in February - the strongest among all regions. While the intra-Africa trade lane showed 42.3% YoY growth, air cargo capacity increased by 28.2% YoY. The Africa-Europe route saw traffic increase YoY revealing resilient growth figures and indicating consistent expansion. Read more...

  L  January 2024 Air Passenger Market Analysis
Published March 6, 2024. IATA Economic Reports.

Passenger growth momentum continues           
African airline traffic increases by 18.5% YoY 

African airlines’ saw an 18.5% traffic increase in January 2024 versus a year ago. January capacity was up 19.2% causing load factor to decline 0.4 percentage points to 73.3%, the lowest among the regions. Africa saw 2.9% growth over January 2019, achieving monthly recovery for the first time since the initial impact of the Covid-19 pandemic. Read more...  

  L  January 2024 Air Freight Market Analysis 
Published March 5, 2024. IATA Economic Reports.

Air cargo demand increases 18.4% increase YoY   
African airline cargo volumes up 19.4% YoY

African airlines saw their air cargo volumes increase by 17.0% in January 2024, much improved compared to December’s performance (-1.2%). Carriers in the region benefitted from strong growth on the Africa-Asia trade lane. Capacity in January was 19.4% above January 2023 levels. The Africa–Asia trade lane experienced exceptional YoY growth in international CTKs at 52.5%. Read more...

  L  December 2023 Air Passenger Market Analysis
Published January 31, 2024. IATA Economic Reports.

Strong passenger recovery continues           
Annual recovery for African airlines at 38.7% YoY 

In December, all major trade lanes reported positive YoY growth, reflecting strong momentum. Reviewing 2023, the Africa-Asia market demonstrated the most notable growth, exceeded that of the previous year by double digits on average. This market achieved positive YoY growth for the majority of the year, including a significant 37% increase in February following China's reopening. Read more...  

  L  December 2023 Air Freight Market Analysis 
Published January 31, 2024. IATA Economic Reports.

Air cargo records 10,8% increase YoY   
African airline capacity up 3.9% MoM and 14% YoY

African airlines saw their air cargo volumes increase by 3.9% in November 2023, slightly improved compared to October’s +2.9% growth performance. Capacity was 14.0% above November 2022 levels. The Africa–Asia trade lane market saw the greatest annual growth of 13%, although slightly decelerated compared to the previous month. Read more...

  L  November 2023 Air Passenger Market Analysis
Published January 10, 2024. IATA Economic Reports.

Air traffic closer to pre-COVID levels           
Africa's passenger traffic at 96.4% of 2019 levels 

African airlines had a 22.1% rise in November RPKs versus a year ago. November 2023 capacity was up 29.6% and load factor fell 4.3 percentage points to 69.7%, the lowest among regions. In Africa, passenger traffic reached 96.4% of November 2019 / pre-pandemic levels, a significant milestone in the region’s aviation industry recovery. Read more...  

  L  November 2023 Air Freight Market Analysis 
Published January 9, 2024. IATA Economic Reports.

Impressive air cargo demand   
African airline capacity up 3.9% MoM and 14% YoY

African airlines saw their air cargo volumes increase by 3.9% in November 2023, slightly improved compared to October’s +2.9% growth performance. Capacity was 14.0% above November 2022 levels. The Africa–Asia trade lane market saw the greatest annual growth of 13%, although slightly decelerated compared to the previous month. Read more...