The airline industry saw a remarkable recovery in 2024, exceeding expectations as African airlines recorded 48.2 million passengers in 2023, representing 72% of the total passengers transported.
According to africa.businessinsider.com, This growth was fueled by new routes, increased flight frequencies, and the easing of COVID-19 travel restrictions, which helped boost the region’s air travel market.
According to recent data, the sector continued its upward trend in the first quarter of 2024, driven by a significant resurgence in passenger demand, marking a remarkable recovery from the challenges of the previous year.
The African Airlines Association (AFRAA) however, notes the uneven distribution of the industry’s recovery across regions. The report shows that while some areas experienced stronger demand growth, others failed to improve due to varying government policies and economic conditions.
READ: Aviation: AFRAA Forecasts 15% Surge in Passenger Traffic for African Airlines in 2024
Africa’s air travel industry accounts for just about 2% of the global market, a stark contrast to its vast economic and demographic potential. This has been traced to longstanding challenges such as financial instability, political interference, and ineffective management that have held back the continent’s carriers for decades.
According to data submitted by the 17 AFRAA members in the 2023 annual report, the passenger count during the period was 48.2 million passengers, representing 72% of the total number of passengers transported by African airlines.
Data sourced from the AFRAA Air Traffic Report 2024 shows the following airlines recorded the highest number of passenger traffic during the period.
The major factor that contributed to the increased traffic for African airlines was the rise in passenger demand, particularly after the easing of travel restrictions following the COVID-19 pandemic.
The new report for Q1, 2024 showed an improved situation as passenger revenue soared 8% higher compared to the same period in 2023, indicating a strong recovery and growth momentum. Additionally, the introduction of new routes and increased flight frequencies have also played a significant role in the growth of African airlines
The period also witnessed growth in ASKs (Available Seat Kilometers) and RPKs (Revenue Passenger Kilometers) Level exceeding the 2023 figures with 18% and 19% respectively.
For regional performance, Northern Africa led in passenger traffic, representing 40.4% of the total continental traffic during Q1 of 2024 while the Southern Africa region contributed 21.4% to the continental traffic during the first quarter of the year 2024.