• About Us
  • Contact
Saturday, November 15, 2025
No Result
View All Result
NEWSLETTER
The Business Wiz
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
No Result
View All Result
The Business Wiz
No Result
View All Result
Home Aviation

African airlines operating below capacity

by Editor
19/10/2022
in Aviation
0
African airlines operating below capacity
Share on FacebookShare on Twitter

African airlines are still operating below 40 percent of their routine capacity in spite of easier restrictions on movements following the Covid-19 pandemic.

The local airlines only served 39.5 percent capacity of the domestic market, carrying about a third of the expected passenger numbers.

About 30 percent of all passengers carried were travelling from one African country to another.

The data from the African Airlines Association (AFRAA)’s September update shows that African airlines had resumed traffic on 99.2 percent of routes they operated in before the pandemic.

The review shows eight African airlines have exceeded the number of international routes they operated before Covid-19 outbreak. These include Ethiopian Airlines, Egyptair, Nouvelair, Air Cairo, Air Arabia Maroc, Asky Airlines, Air Arabia Egypt and Nile Air.

Ethiopia Airlines plane. In Africa, AFRAA estimates $3.5 billion revenue loss for 2022, equivalent to 20 percent of 2019 full year revenues. PHOTO / COURTESY.

“There are improvements in airline capacity in the month of September in sub-Saharan Africa as the region is reopening and easing movement restrictions linked to the Covid-19,” reads part of the report.

“In Europe, there are renewed fears of the occurrence of an 8th wave of Covid-19 infections, especially in the UK where a rise in the number of new cases is growing but reduced number of cases in Africa have helped in increasing number of airlines operations,” it says.

In Africa, AFRAA estimates $3.5 billion revenue loss for 2022, equivalent to 20 percent of 2019 full year revenues.

The projected revenue loss due to Covid-19 for the third quarter of 2022 is approximately $800 million.

Meanwhile jet fuel price continues an upward trend. Year to date, global average price per barrel is $142. The impact on global airlines fuel bill is estimated at $131.6 billion for the full year.

SOURCE: THE EAST AFRICAN

Editor

Editor

Next Post

Peak signs offtake and cooperation MoU with Shenghe for its Tanzania project

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Exchange Rate

Exchange Rate USD: Sat, 15 Nov.

Recommended

Tanzania’s economy remained resilient in 2022 despite global economic shocks – REPOA

Tanzania’s economy remained resilient in 2022 despite global economic shocks – REPOA

3 years ago
Tanzania’s Standard Gauge Railway project suffers another hiccup

Tanzania’s Standard Gauge Railway project suffers another hiccup

3 years ago

Popular News

    News

    Get latest news from us.


    SUBSCRIBE

    Category

    • Agriculture
    • Aviation
    • Banking
    • Commodities
    • Construction
    • CSR
    • Currency
    • Economic
    • Energy
    • Featured News
    • Financial Services
    • Information Technology
    • Infrastructure
    • Investment
    • Jobs
    • Manufacturing
    • Markets
    • Mining
    • Oil and Gas
    • Others
    • Q&A Interviews
    • Real estate
    • Sectors
    • Telecomunication
    • Tourism
    • Transportation

    About us

    The Business Wiz (TBW) is Tanzania’s premier one-stop online platform providing in-depth, accurate and timely business news, analysis, commentary and online business information portals and research.

    • About Us
    • Contact

    © 2022 The Business Wiz

    No Result
    View All Result
    • Home
    • Featured News
    • Economic
      • Currency
    • Investment
    • Markets
      • Stock Market
    • Sectors
      • Agriculture
      • Commodities
        • Markets
      • Construction
      • Energy
      • Financial Services
      • Information Technology
      • Infrastructure
      • Manufacturing
      • Markets
      • Mining
      • Real estate
      • Telecomunication
      • Tourism
      • Transportation

    © 2022 The Business Wiz

    en English
    ar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanit Italianru Russianes Spanishsw Swahili