IATA forecasts African airlines will report net losses of $100 million in 2017 as they continue to face multiple challenges. Next year, when economic growth in the region is expected to be significantly better, passenger load factors for African airlines are still projected to be just over 70% on average; more than 10 points lower than the industry average. Load factors for African airlines are currently 58.3% and are expected to rise to 58.6% for 2018, according to IATA’s 2017 ...

Subscribe to Access this Entire Article

"IATA: Africa remains the weakest region in the airline business " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.