African Airlines' Profits to Hit US$ 100 Million in 2024
Recently IATA announced that Africa’s airlines are expected to earn a collective net profit in 2024 for the second year in a row, reflecting the sector’s resilience in its post-COVID [...]
Boeing Restarts New Wide-Body Jet Deliveries to China
Boeing has restarted wide-body jet deliveries to China that were halted in recent weeks due to a Chinese regulatory review which also stalled new narrow-body deliveries by the U.S. planemaker. Orders of wide-body [...]Zambia Airways Resumes Flights to Tanzania
Zambia Airways has resumed its direct flights from Lusaka, Zambia to Dar es Salaam, Tanzania after a sixteen-year hiatus, seeking to boost trade and the tourism sector for the two [...]Airlines Worldwide Continue to Reel from Boeing's Troubles
On 10 March 2019, Ethiopian Airlines Flight 302was a scheduled international passenger flight fromBole International AirportinAddis Ababa,Ethiopia, toJomo Kenyatta International AirportinNairobi,Kenya. Fast forward to March 21, 2022, a China Eastern [...]African Airlines' Operating Revenue for March 2024 Hits US$ 1.74Bn AFRAA
African airlines are experiencing enhanced revenue performance, following a growth in traffic. AFRAA's estimate shows operating revenue for March 2024 at US$ 1.74 billion, a significant increase from US$ 1.39 [...]Nigeria Releases 98% of Blocked Airline Funds
Nigeria has released 98% of blocked airline funds, and the International Air Transport Association (IATA) now says just US$ 19 million of blocked funds remains due to the Central Bank’s [...]Commercial Passenger Traffic in Kenya Hits 12.2 Million in 2023
The number of passengers handled at airports in Kenya increased by 19.2 per cent from 10.2 million passengers in 2022 to 12.2 million passengers in 2023. The number of passengers [...]Global Air Cargo Capacity Hits 48.9 Billion in March 2024
The global air cargo industry registered a total of 23.1 billion cargo tonne-kilometers (CTKs) in March 2024, an increase of 17.4% month-on-month (MoM) and 10.3% growth YoY. International CTKs of [...]AFRAA Projects African Airlines to Carry 98 Million Passengers in 2024
African Airlines Association (AFRAA) estimates that passenger traffic carried by African operators in 2024 will be about 98 million, as air travel rebounds past impacts of the COVID-19 pandemic. In [...]Kenya Airways Posts First Operating Profit of KSh 10.5 Billion in 7 Years
For the first time in seven years, Kenya Airways has reported an operating profit of KSh 10.5 billion in the year ended December 31 2023, a 287% increase from the [...]Kenya Airways Ramps Up Weekly New York Flights to Nine
Kenya Airways (KQ), has introduced two additional flights on the New York route between 15th June 2024 and 28th September 2024, covering the summer peak season. The new detailed flight [...]American Airlines Orders 85 Boeing 737 Max 10 Despite Failed FAA Tests
American Airlineshas placed an order for 260 new narrow-body jets, including dozens ofBoeing’slong-delayed 737 Max 10. American’s CFO Devon May said it would also convert orders for 30 737 Max [...]
