• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Friday, August 8, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Read a ride Aerospace

Ethiopian Airlines eyes 30% rise in passengers as demand for African airlines grows by 8.1%

David Ijaseun by David Ijaseun
May 2, 2024
in Aerospace, News
0
Ethiopian Airlines
843
SHARES
15.5k
VIEWS
Share on FacebookShare on Twitter

Ethiopian Airlines, Africa’s largest airline is experiencing a notable surge in passenger numbers, anticipating a 30% increase in passengers by June 2024 compared to the previous year. The airlines‘ growth is primarily attributed to the airline’s expansion of new routes and the recovery of global air travel.

This is according to the International Air Transport Association’s (IATA) recently released data, showing an 8.1% year-on-year increase in demand for African airlines in March 2024.

READ ALSO

Tariffs slash Toyota’s profit forecast by $9.5bn, threatening jobs and car prices

Nigerian court backs FRSC’s power to punish drivers with fake or hand-painted plates

Ethiopian Airlines has been on an upward trajectory, recently marking its 78th year of operation with a special flight to Cairo, where airline executives served as part of the crew. The carrier has steadily expanded its operations over the last decade, solidifying its position as a key player in the African aviation market. CEO Mesfin Tasew shared in an interview with Reuters that “the airline is optimistic about achieving its growth targets, with expectations to carry significantly more passengers by June 2024”.

In the financial year ending June 2023, Ethiopian Airlines carried approximately 13.9 million passengers. The airline’s performance in the current financial year indicates a strong likelihood of meeting its growth target, which includes a projected 20% increase in revenue to $7.3 billion. Over the past year, Ethiopian Airlines has launched new routes, resumed services to key destinations, and increased frequencies on existing routes, further driving its growth trajectory.

Despite its positive outlook, the airline has faced challenges common to many carriers worldwide, including delays in aircraft deliveries and supply chain disruptions. Tasew highlighted the current aircraft shortages due to delays in deliveries from manufacturers, particularly Boeing. However, he expressed confidence in Boeing’s ability to address these issues, emphasizing their belief that Boeing is well-positioned to resolve these challenges.

In a broader context, IATA’s data reveals a strong growth trend for international passenger markets, with demand increasing by 13.8% globally in March 2024 compared to the same period last year. Across all regions, international demand surged by 18.9%, while domestic demand increased by 6.6%. Despite the positive growth, challenges such as supply chain issues, staffing concerns at airports and air traffic management need to be addressed to ensure a smooth travel experience for passengers.

While Africa accounts for a small percentage of global passenger traffic and air cargo market share, the region has shown significant growth potential. African carriers saw a 14.2% year-on-year increase in air cargo demand in March 2024, with capacity also on the rise. However, challenges remain, particularly in the Africa-Asia market, which experienced a significant decrease in demand compared to the previous month.

Read more on Fuel efficient Peugeot 107 makes epic journey from Europe to Africa

Tags: Around AfricaHeadline

Related Posts

Toyota sales
News

Tariffs slash Toyota’s profit forecast by $9.5bn, threatening jobs and car prices

August 8, 2025
FRSC fake plate numbers
Cars/SUVs

Nigerian court backs FRSC’s power to punish drivers with fake or hand-painted plates

August 8, 2025
stolen luxury vehicles in Ghana recovered
News

Ghanaian police recovers 43 stolen luxury cars linked to global theft rings

August 4, 2025
Mercedes fights back, seizes 1.5 million fake car parts across the world
News

Mercedes fights back, seizes 1.5 million fake car parts across the world

August 4, 2025
Busted: How LASTMA arrested 61,000 vehicles in six months
Cars/SUVs

Busted: How LASTMA arrested 61,000 vehicles in six months

August 4, 2025
Jeep Avenger hits 200,000 orders as brand gains new ground in Europe
Cars/SUVs

Jeep Avenger hits 200,000 orders as brand gains new ground in Europe

August 4, 2025
Next Post
The price of power: U.S. spends $13.6bn yearly to maintain military aircrafts

The price of power: U.S. spends $13.6bn yearly to maintain military aircrafts

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Tesla unveils affordable EV prototype amid sales slump, missed earnings

Tesla unveils affordable EV prototype amid sales slump, missed earnings

July 24, 2025
Lucid Motors

Lucid sets new Guinness Record with 747-mile drive, leaving Tesla in the dust

July 10, 2025
Ferrari Purosangue makeover by Carlex Design

Carlex Design transforms Ferrari Purosangue with unique metal finish, luxurious interior

May 20, 2023
Gauteng Road

Gauteng bags R28.1 bn for road upgrades, launches high-tech number plates

August 15, 2024

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Five cars worth buying if you have an unlimited budget
  • Tariffs slash Toyota’s profit forecast by $9.5bn, threatening jobs and car prices
  • Why big American cars struggle to sell in Japan and Europe despite Trump’s push
  • Nigerian court backs FRSC’s power to punish drivers with fake or hand-painted plates

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In