Public Management

African airlines posted highest cargo transport growth in August 2021

African airlines posted highest cargo transport growth in August 2021
Tuesday, 05 October 2021 16:26

The global air traffic has started a gradual post pandemic recovery. The volume of cargo transported by African airlines grew by 33.9% between August 2019 and August 2021, while the global demand for cargo traffic (measured in ton-kilometers) increased by 7.7% between the two periods. The figures are provided by the International Air Transport Association (Iata).

The comparison is made to August 2019 (pre-pandemic), as this is an appropriate baseline period during which activity was normal. African airlines recorded the strongest growth of all regions. This performance was driven by investment flows along the Africa-Asia route, on which volumes transited are up 26.4% compared to August 2019.

Overall, growth in air business remains strong compared to the long-term average growth of about 4.7%. However, despite the 7.7% increase in global demand between 2019 and August 2021, the volume is lower compared to the 8.8% in July 2021.

Commenting on the data, Willie Walsh (pictured), Iata's MD, said: “Air cargo demand had another strong month in August, up 7.7% compared to pre-COVID levels. Many of the economic indicators point to a strong year-end peak season. With international travel still severely depressed, there are fewer passenger planes offering belly capacity for cargo. And supply chain bottlenecks could intensify as businesses continue to ramp up production.”

Henoc Dossa (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
African experts urge G20 to address bias in global credit ratings Report says unfair ratings raise borrowing costs, harm development efforts AU plans...
Government released a first tranche of UGX 529 billion ($145 million) to fund more than 10,589 cooperatives. Each cooperative will receive UGX...
Atlantic Group aims to expand into industrial sectors, including the creation of a cement production unit and potential mining projects. The...
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Most Read
01

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
02

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.