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Business News of Friday, 10 June 2022

Source: nairametrics.com

Airlines record 116% increase in traffic in April 2022

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Air Peace and other airlines’ traffic across Africa increased by 116.2% in April 2022 compared to a year ago in March 2021.

This was disclosed by the International Air Transport Association (IATA) via a statement issued on Thursday, indicating that air travel continues to be in strong recovery trend.

According to IATA, the development is an acceleration over the 93.3% year-over-year increase recorded in March 2022.

Willie Walsh, IATA’s Director-General, said, “With the lifting of many border restrictions, we are seeing the long-expected surge in bookings as people seek to make up for two years of lost travel opportunities. April data is cause for optimism in almost all markets, except China, which continues to severely restrict travel.

“The experience of the rest of the world is demonstrating that increased travel is manageable with high levels of population immunity and the normal systems for disease surveillance. We hope that China can recognize this success soon and take its own steps towards normality.”

With the northern summer travel season now upon us, one thing is clear: two years of border restrictions have not weakened the desire for the freedom to travel. Where it is permitted, demand rapidly is returning to pre-COVID levels.

However, it is also evident that the failings in how governments managed the pandemic have continued into the recovery. With governments making U-turns and policy changes there was uncertainty until the last minute, leaving little time to restart an industry that was largely dormant for two years.