These Are the Most Lucrative Route for Airlines in Africa; Nigerian Airports Miss Out From Top 10

These Are the Most Lucrative Route for Airlines in Africa; Nigerian Airports Miss Out From Top 10

  • Nigerian states were completely missing from routes airlines are making money in Africa
  • Six airlines earned a total of $2.138.8 billion from 10 African cities in 2021, with Emirates taking the highest revenue on the continent
  • Nigeria has 32 airports, 26 of which are operated by the Federal Airports Authority of Nigeria (FAAN), and five of which are functional international airports

Nick Fadugba, the Chief Executive Officer (CEO) of African Aviation Services Limited, has revealed that six airlines earned a total of $2.138.8 billion from 10 African cities in 2021.

He stated this on the second day of the Airline Economics Conference ongoing in Dubai, the United Arab Emirates (UAE).

According to him, the major source of the revenues for airlines came from airports in 10 African cities.

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African cities with highest paying airlines
Nigerians at at the airport waiting to travel Credit: Pius Etim
Source: Twitter

The airports with highest revenue for Airlines

The top 10 routes in Africa, according to Fadugba, are Johannesburg-Dubai, Johannesburg-London, Cairo-Jeddah, Luanda-Lisbon, and Cape Town –Johannesburg.

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Others are Cairo-Dubai, Cape Town – Dubai, Abidjan-Paris, Cape Town-London, and Mauritius-Dubai.

Fadugba failed to mention any Nigerian airports despite the country’s population and travel rate.

Also, six airlines earned a total of $2.138.8 billion from 10 African cities in 2021, with Emirates taking the highest revenue on the continent.

List of airlines with the highest revenue

  • Emirates
  • South African Airways
  • British Airways
  • Saudi Arabian
  • TAAG-Angola Airlines
  • Air France

Breakdown of how much airlines made in Africa by cities

Cities with the highest revenues in Africa were Johannesburg – Dubai; $315.6 million, Johannesburg – London; $295 million, Cairo-Jeddah; $242 million, Luanda –Lisbon; $231.6 million and Cape Town-Johannesburg with $185 million, Nairametrics reports.

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Others are Cairo-Dubai; $181.3 million, Cape Town-Dubai; $176.7 million, Abidjan-Paris; $175 million, Cape Town – London; $174.6 million and Mauritius-Dubai earned $164 million.

According to the paper, out of the $2.1 billion revenue earned on the African routes, Emirates Airlines alone got $837.6 million within the period, while South African Airways came a distant second with $359.6 million.

Others are Saudi Arabian with $242 million, TAAG –Angola Airlines; $231.6 million, British Airways; with $295 million, and Air France with $174.6 million.

FG begins recruitment of graduates, experts ahead of Nigeria air launch

Legit.ng reported that Nigeria Air Limited has commenced the recruitment of qualified crew members for its operation, which is expected to be launched shortly.

The aviation ministry disclosed this in a memo posted on its official Twitter handle on Friday.

According to the Memo, the positions are based in Abuja or Lagos, and competitive salaries are offered.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.