Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

African airlines’ revenues and seat numbers hit new highs in 2024

  • African Airlines revenues for January 2024 were $ 1.83 billion compared to $1.56 billion in November 2023
  • Available seats per kilometre (ASKs) also exceeded the level of March 2019 by 7.7 per cent.
  • Open skies will boost intra-African connectivity and drive down airfares.

Investments among the continent’s carriers have begun to pay off as African Airlines Revenues and seat numbers hit a record high, a new report by African Airline Association (AFRAA) has shown.

The number of airline seats offered in the region has increased by 12.6 per cent to 16.1 million in March 2024, thanks to new routes and flight frequencies.

For the first time in four years, the industry surpassed pre-COVID-19 monthly figures of 14.3 million, which was recorded in March 2019.

The year 2024 is shaping up to be a significant year of recovery for the aviation industry. Airlines have regained their pre-Covid levels of capacity and …

The post African airlines’ revenues and seat numbers hit new highs in 2024 appeared first on The Exchange.



This post first appeared on The Exchange: Business News Today | Investment News Africa, please read the originial post: here

Share the post

African airlines’ revenues and seat numbers hit new highs in 2024

×

Subscribe to The Exchange: Business News Today | Investment News Africa

Get updates delivered right to your inbox!

Thank you for your subscription

×