African Airlines’ Performance Update – AFRAA

In the month of August 2021, air passenger traffic reached 46.8% compared to the same month in 2019 while capacity was at 54.6%.

The re-start of operations on intercontinental routes by African airlines reached 77.8% in August 2021 – frequency and capacity remained constrained. Airlines that added new intercontinental routes to their operations in August include Ethiopian Airlines, Royal Air Maroc, and Kenya Airways.

Full-year revenue loss for African airlines in 2021 according to AFRAA is forecast at US$8.2b, approximately 47.2% of the full year 2019 airlines’ revenue. In 2020, African airlines made a cumulative loss of $10.21b, representing 58.8% of 2019 revenues.