Dec 8, 2021

Mawazo Writing Africa

Writing about the main

Airline sector in Africa soaks up $10b loss

Airlines in Africa posted a revenue loss of approximately $ 10.21 billion in 2020, with passenger numbers falling from 95 million in 2019 to 34.7 million in 2020, a decrease of 63.7% The African Airlines Association released its Impact Assessment Analysis on June 2nd, which includes an in-depth analysis of the continent’s aviation industry performance for 2020 and shows that airlines will continue to lose money in 2021, although this is expected to be reduced to about $ 8.35 billion.

As of late March, most airlines parked their planes, resulting in a drastic drop in seats and revenue per kilometer of 85 and km respectively 94 percent led in April. The decline in traffic continued until June before reversing again with the gradual opening of the borders.

The survey also found that African airlines handled more domestic traffic in 2020, accounting for 43% of their total traffic. < / p>

“The leading domestic airlines are airlines such as Safair, Ethiopian Airlines, Mango Airlines and Air Algerie. These five airlines carried 4.8 million passengers on domestic routes during the year. International traffic accounted for 57 percent, divided into 19 percent of inner-African and 38 percent of intercontinental passengers. “

Europe is the most important international destination for African airlines and accounts for 21 percent and even exceeds inner-African traffic (19th percent), excluding domestic traffic Traffic to the Middle East tended to increase, while traffic to Asia decreased due to Covid-19.

< North Africa leads in passenger numbers with a share of 36.6 percent of the total continental traffic, which was increased by European tourists. East Africa ranks second on the continent with a market share of 22.2 percent. Domestic and intra-African traffic dominate this region, both accounting for 70 percent of traffic in 2020.

Southern Africa saw a 63.6 percent decrease in traffic due to Covid-19, with the region Continental traffic had only 21 percent, but its share of the domestic market rose to 77 percent in the final quarter of 2020, from 66 percent before Covid-19.

Central and West Africa each made up 19.7 percent of traffic in Africa out.

Johannesburg and Cairo were the busiest airports by landings and take-offs, with Jomo Kenyatta International Airport in Nairobi leading in cargo traffic with more than 330,000 tons in 2020, followed by Cairo’s 280,000 tons. < / p>

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