Nigeria News App

Join NN App My Account
Stats: 547 members, 3,494 topics. Date:   Sun, 26 2019 at 03:05 pm
For more please contact us @ [email protected]

Nigerian News

FrontPage Forum Must Read Latest Posts Breaking News Entertainment Politics Business Economy Sports Romance General Hausa News
Trending :
Join NN App Earn by reading news Sign in My earnings Invite friends Income record How it works FAQ Testimonial Income support Today offer

African Airlines Report 5.1 Traffic Rise

By - - [Business ]

African airlines saw January traffic rise 5.1 per cent, up from 3.8 per cent in December.

However, concerns have continued about the region’s largest economies, South Africa and Nigeria.



This was disclosed in the International Air Transport Association (IATA)’s global passenger traffic results for January 2019, showing traffic (revenue passenger kilometers or RPKs) rose 6.5 per cent compared to January 2018.

IATA, noted that this was the fastest growth in six months. January capacity (available seat kilometers or ASKs) rose 6.4 per cent, and load factor inched up 0.1 percentage point to 79.6 per cent.

“2019 has started on a positive note, with healthy passenger demand in line with the 10-year trend line. However, market signals are mixed, with indications of weakening business confidence in developed economies and a more nuanced picture across the developing world,” IATA’s Director General and CEO, Alexandre de Juniac said.

International passenger demand rose 6.0 per cent in January compared to the same month last year, which was up from a 5.3 per cent rise in December year-over-year. All regions recorded growth, led by Europe for a fourth consecutive month. Capacity increased 5.8 per cent and load factor climbed 0.2 percentage point to 79.8 per cent.
European carriers’ international traffic climbed 7.7 per cent in January compared to the year-ago period, down from an 8.6 per cent annual increase in December. This moderation reflected uncertainty over the region’s economic situation, including lack of clarity over Brexit. Capacity rose 8.8 per cent and load factor fell 0.9 percentage point to 80.3 per cent.
Asia-Pacific carriers recorded a demand increase of 7.1 per cent compared to January 2018, solidly above the 5.0 per cent growth in December.

Capacity also rose by 5.1 per cent, and load factor surged 1.5 percentage points to 81.7 per cent, second highest among the regions. Healthy regional growth is being underpinned by rising incomes and an increase in the number of airport pairs.


https://www.thisdaylive.com/index.php/2019/03/11/african-airlines-report-5-1-traffic-rise/


Like .

Others are reading


9 Comments Nigeria News
Oluwatosin• 2 months ago
Well read
Reply
Jabless• 3 months ago
Ok
Reply
Danson92• 3 months ago
ok
Reply
Mayor11• 3 months ago
Ok
Reply
Fatimabello• 3 months ago
Kkk
Reply
Abdulrazaqmtanko1• 3 months ago
Ok
Reply
Donstefani• 3 months ago
Noted
Reply
Irphilippe• 3 months ago
Okay
Reply
innkayobami• 3 months ago
Noted
Reply

(Go Up)

Have a news to share? Contact Email: [email protected]

NIGERIA NEWS APP (https://www.nigerianews.app) is a website owned by IAR (IJMBway Alevel Registraion) a registered company that pays you for reading news, commenting on every news, sharing our ads on Twitter/ Facebook, inviting friends & family and logging daily. You can make upto ₦200,000 just by inviting people to read Latest Nigerian News & Breaking News in Nigeria. Register today with ₦1,600 to become a member.


© 2018 - Nigerian News App.