- Net profit reached $0.1bn in 2026 forecasts.
- Net margin stood at 0.2 pc.
- Profit per passenger equalled $0.40.
- Demand in RPK grew 10.0 pc.
- Capacity in ASK expanded 7.7 pc.
African hub carriers have been experiencing the strongest growth in traffic as routes re-route to avoid the Middle East according to the industry update at the IATA Congress in Rio de Janeiro. Hub operators with established links to Europe and Asia captured gains in passenger flows in 2025. Smaller operators faced higher costs from fuel price rises.
Net profit stood at $0.1bn in 2026 forecasts with a net margin of 0.2 pc. Profit per passenger reached $0.40. Demand measured in RPK rose 10.0 pc while capacity in ASK increased 7.7 pc.
Weak infrastructure and fragmented airspace raised operating costs. Limited access to capital restricted fleet expansion.
Willie Walsh shared “War-related disruptions in the Middle East and rising fuel costs have shifted the outlook for airlines to the worse.”
