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African airlines records 10.1% increase in int’l passengers demand in August – IATA

by Iyanu Ale
October 7, 2024
in Business
Reading Time: 2 mins read
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African airlines reported a 10.1% increase in international passenger demand in August 2024 compared to the same month in 2023, signalling robust growth in the region’s aviation sector.

This uptick highlights a continued recovery and growing confidence among international travelers across the continent.

The data comes from the International Air Transport Association (IATA) August 2024 report on global passenger demand.

According to the report, the capacity of African airlines, measured by available seat kilometers (ASK), increased by 7.3% year-on-year. This rise in capacity demonstrates the region’s efforts to accommodate more travelers and expand its flight offerings to meet the growing demand.

In addition, the load factor for African airlines improved to 77.8%, a gain of 2 percentage points compared to August 2023. This increase indicates better utilization of available seating, with more flights operating closer to full capacity.
“African airlines saw a 10.1% year-on-year increase in demand. Capacity was up 7.3% year-on-year. The load factor rose to 77.8% (+2.0ppt compared to August 2023),” the IATA report stated.”

The report highlighted the positive trends in international travel for African carriers during the period under review.

More Insights

The IATA report further highlighted that other regions also recorded significant growth in August 2024.

Asia-Pacific airlines led the recovery, achieving a 19.9% increase in international passenger demand, bolstered by an 18.8% rise in capacity and a strong load factor of 85.2%. This growth indicates that the region is nearing a full return to pre-pandemic travel levels.

European carriers followed with a 9.1% increase in demand and an 8.5% rise in capacity, resulting in a load factor of 87.2%. Despite the quick growth, the Europe-Asia route has yet to match its peak levels from before the pandemic.

Middle Eastern airlines saw a 4.9% rise in demand, alongside a capacity increase of 5.6%, with a load factor reaching 82.5%.

North American carriers experienced a 4.3% rise in demand, with a 3.8% increase in capacity, and maintained the highest load factor among all regions at 88.2%, indicating efficient seat utilization.

Latin American airlines reported a 13.6% rise in demand, along with a 15.2% boost in capacity, although their load factor dipped slightly to 85.1%.
The IATA report reflects a strong rebound in international air travel across diverse regions, with African airlines making notable gains in both demand and capacity.

This positive momentum highlights the global recovery in air travel and demonstrates the aviation industry’s resilience in adapting to new market conditions and evolving travel patterns.

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