The International Air Transport Association (IATA), has reported 6.4 per cent growth in traffic for African airlines in August with the exiting of Nigeria and South Africa from recession in second quarter.
IATA, in a statement by its Director General, Alexandre de Juniac, on Thursday, said that seasonally adjusted traffic had broadly tracked sideways so far in 2017.
Juniac added that capacity rose to 3.4 per cent, while the smallest increase among regions and load factor surged from 2.1 percentage points to 75.7 per cent. He said that global passenger traffic demand, measured in total revenue passenger kilometers (RPKs) climbed to 7.2 per cent compared to the year-ago period.
"Following the strong summer traffic season in the Northern hemisphere, 2017 is on course to be another year of strong traffic growth. "However, some important demand drivers are easing, particularly lower fares and as we head towards the end of the year we still expect growth to continue, but potentially at a slower pace," he said…