The African Civil Aviation Commission (AFCAC) is continuing its efforts to implement the Single African Air Transport Market (SAATM), which could hold the key to a golden age of aviation development in Africa.
In an interview with AviaDev, AFCAC Secretary General (SG) Adefunke Adeyemi gave us an insight into developments from the last six months and the commission’s progress in executing SAATM. The commission is also spearheading the African Continental Free Trade Area (AfCFTA) liberalization.
Do you know how many times your team engages with a booking?
What is your conversion rate?
What should the team be working on as a priority?
The travel industry has never lacked data. It is collected at every interaction point, and stored in files in the GDS, in PNRS and post booking in the backoffice system. So how do you make all this data work for you?
Once you let Agentivity manage the data flowing through your agency, you’ll see exactly what is going on in your agency. You will instantly know where to improve on things in order to scale up and increase your agency’s profitability.
The International Air Transport Association (IATA), in its report has disclosed that global air demand measured in Cargo Tonne-Kilometers (CTKs), slumped by 14.9 per cent in January 2023, when compared to the same period in 2022.
The association also said that the cargo volume declined among African airlines by 9.5 per cent within the same period.
According to IATA, global demand, fell 14.9 per compared to January 2022 (-16.2 per cent for international operations)
Capacity measured in available Cargo Tonne-Kilometers, (CTK) was up 3.9 per cent compared to January 2022.
As “record aircraft deliveries” make headlines in the Middle East and India market, the current supply chain constraints leave us wondering if the aircraft makers would be able to keep pace with the demand.
Despite a sluggish international travel market, the pace of recovery in the Middle East aviation market accelerated throughout 2022 and is expected to take off over the next 10 years with the region’s share of the global fleet set to expand. In its “Global Fleet and MRO Market Forecast 2023-2033,” global management consulting firm Oliver Wyman noted that the Middle East remains among the fastest-growing aviation markets in the world, with the regional fleet set to expand 5.1 percent annually over the next decade. The report further noted that the Middle East’s share of global fleet will grow over the decade from 4.9 percent in 2023 to 6 percent in 2033. Meanwhile, the global fleet is projected to expand one-third by 2033, to well over 36,000 aircraft, with Oliver Wyman also anticipating a record number of aircraft deliveries over the next 10 years (despite current supply chain constraints). The Middle East fleet’s growth over the next decade will primarily be driven by the addition of narrow bodies. Historically, the Middle Eastern fleet has been primarily made up of widebodies. But moving forward, the report observed that narrow bodies will increase to 48 percent of the fleet from 39 percent, while wide bodies will decline to 48 percent from 56 percent.
SILVERBIRD TRAVEL PLUS LIMITED - All Rights Reserved.