The International Air Transport Association (IATA) on Wednesday said African airlines recorded a 1.1 per cent increase in passenger traffic in April compared to the same period last year.
A statement signed by IATA’s Director General, Mr Alexandre de Juniac, said this was however, down from 1.6 per cent growth in March and was the slowest regional growth since early 2015.
“Like Latin America, Africa is seeing some economic and political uncertainty in the largest markets. Capacity climbed 0.1 per cent and load factor edged up 0.7 percentage point to 72.6 per cent,” he said.
According to him, global passenger traffic results for April 2019 show that demand rose by 4.3 per cent compared to April 2018.
He said April capacity increased by 3.6 per cent, and load factor climbed 0.6 percentage point to 82.8 per cent, which was a record for the month of April.
The 2018 record was 82.2 per cent.
The IATA boss noted that regionally; Africa, Europe and Latin America posted record load factors.
“Comparisons between the two months are distorted owing to the timing of the Easter holiday, which occurred on 1 April in 2018 but fell much later in the month in 2019.
“We experienced solid but not exceptional rising demand for air connectivity in April. This partly is owing to the timing of Easter, but also reflects the slowing global economy.
“Driven by tariffs and trade disputes, global trade is falling, and as a result, we are not seeing traffic growing at the same levels as a year ago.
“However, airlines are doing a very good job of managing aircraft utilisation, leading to record load factors,” de Juniac said.
Do Not Open ‘Pandora’s Box’ In Middle East – China
The Chinese government’s top diplomat on Tuesday warned the world not to open a “Pandora’s Box” in the Middle East,...
Dollar Heads Toward Three-Month Low Before Fed Meeting
The dollar weakened against its rivals on Tuesday, heading back toward a recent three-month low before a U.S. Central Bank...
Oil Prices Slip For Second Day On Global Growth Worries
Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the...
National Industrial Court To Begin Annual Vacation July 22
The National Industrial Court of Nigeria (NICN), will begin its annual vacation from Mon. July 22 and resume Sept. 13...
FERMA Partners Army To Enhance Security On Highways
The Federal Roads Maintenance Agency (FERMA) has pledged its commitment to strengthen partnership with the Army to enhance security in...
Akeredolu Sacks 3 Commissioners, Nominates 5 Others
Gov. Oluwarotimi Akeredolu of Ondo State has relieved three of his commissioners of their duties and subsequently nominated five other...
Trump To Announce Bid For Re-Election At Florida Rally
U.S. President Donald Trump is set to announce his candidacy for a second four-year term at a rally in Florida....
POLITICS20 hours ago
APC Kicks As Bauchi Govt Suspends Inauguration Of 9th Assembly
COVER STORIES8 hours ago
Fear Grips Lawmakers As FG Begins Probe Of Constituency Projects
NEWS23 hours ago
1 Killed, 6 Vehicles Destroyed As Kona, Fulani Clash.
NEWS17 hours ago
Taraba Govt Deny Imposing Curfew On Jalingo.
AFRICA18 hours ago
Former Egyptian President Morsi Dies In Court During Sitting
NEWS22 hours ago
Windstorm Destroys Over 1000 Houses In Zamfara LGA
NEWS5 hours ago
EDHA Inaugurated, Okiye Emerges Speaker
NEWS11 hours ago
Kogi: 20 APC Aspirants Oppose Indirect Primaries