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 [...]Ethiopian Airlines Unveils First $55 Million E-Commerce Hub in Africa
Ethiopian AirlinesGroup has launched a $55 million e-commerce logistics facility at Bole International Airport, inside the Ethiopian Cargo Logistics premises. We have implemented high-end technologies in the infrastructure that [...]Kenya Airways Resumes Direct Flights to Mogadishu
Kenya Airways has reintroduced nonstop flights to Mogadishu, Somalia, in an effort to increase footprints within the region. In August 2023, bilateral air services agreement between Kenya and Somalia were [...]African Airlines' Revenue to Surge in 2024-AFRAA
African airlines will carry around 98 million passengers in 2024, according to latest estimates by the African Airlines Association (AFRAA). At some major African airports (Johannesburg, Nairobi, Addis Ababa, Lusaka, [...]Kenya Airways Signs Code Sharing Agreement with Air Europa
Kenya Airways has signed a code share agreement with Spanish airline Air Europa' this afternoon to access wider travel destinations in Europe and the US. Air Europa is the third [...]
