The Assembly brought together 569 delegates from 49 countries under the theme “Strides to Transform Aviation for Development. Ms. Jennifer Bamuturaki, the 2023 President of AFRAA and CEO of Uganda Airlines took stock of the priorities for African air transport during the period of her Presidency of the Association, notably on: smart regulation to support liberalization and intra-Africa connectivity, pathways for increased partnerships and collaboration within the continent and promotion of sustainable operations of African airlines. She noted the positive traction on initiatives to open up the continent’s aviation and improve connectivity.
*The average Passenger Load Factor recorded in Africa for 2022 was 71.6%, a 10.6% increase compared to 2021. However, this is 7% less than the global average. The mismatch between capacity and demand and the limited commercial cooperation between local carriers may explain this low performance in terms of load factor in Africa. In terms of passengers carried, during the 3rd quarter of 2023, African airlines reached the number of RPKs for the same period in 2019.
AFRAA estimates the number of passengers in 2023 to be 85 million, 89% of the 95.6 million in 2019. Notably, in 2023, Northern Africa accounts for 39.5% of the total African traffic, followed by Central and West Africa at 21.7%, Southern Africa at 19.4% and Eastern Africa at 19.3.
On cargo, according to World ACD, African Airlines represent an average of 30.6% in terms of cargo market share in 2023. AFRAA estimates the revenue loss for 2022 at USD 3.5 billion, representing 20% of 2019 revenues. This will narrow down to USD 1 billion in 2023. Jet fuel prices: Jet fuel prices are rising, reaching $123.46 as at the end of October 2023. This trend of high fuel costs impacts fares and hinders air transport affordability for African citizens. Safety: Promoting and enhancing safety is one of AFRAA's priorities through collaboration.
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*Highlights from the Secretary General’s State of the Industry report Airline performance.
MIAVIA was proud to be an active participant in the 55th Annual General Assembly (AGA), very professionally organized by the African Airlines Association and Uganda Airlines. The event provided a unique platform for industry leaders, aviation professionals, and stakeholders to converge and discuss the latest trends, challenges, and opportunities in the African aviation sector.
Our team engaged in fruitful discussions, networking sessions, and knowledge-sharing opportunities with other industry players.
As a company dedicated to the inventory costs optimization and dynamic development, our participation in AFRAA events aligns with our goal of contributing to the growth and development of the aviation industry in Africa.
We look forward to continued collaboration with AFRAA and African Airlines and aviation sector representatives and fellow aviation professionals in shaping the future of air transport on the continent.
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