Logistics Update Africa
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Ethiopian Airlines has been flying cargo-only passenger aircraft and freighters around the world carrying essentials supplies amid Covid-19. The suspension of passenger airlines has resulted in the loss of 80 percent of the company’s revenue.
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Logistics Update Africa
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Kuehne+Nagel Group demonstrated profitable growth in the third quarter of 2020, following a first half year marked by the coronavirus pandemic.
In the third quarter of 2020, container volume rose by 10.4 percent to 1.2 million TEUs compared to the second quarter.
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The year 2020 and 2021 have been loaded with discussions on economic losses, demand-supply mismatch, pandemic challenges and more. West African economies also faced similar challenges and they are still making their recovery steadily but slowly. Even as 2020 and 2021 have largely been about living through the pandemic and struggling to revive many African economies are now beginning to make a comeback. The pandemic forced many airlines to completely ground their operations from April to August 2020. Further, in 2020, the lockdowns and travel ban affected the belly cargo capacity of airlines, leading to an overall yearly drop of 23 percent, according to the International Air Transport Association (IATA).
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The most extensively utilised fuel in the world is jet fuel, which includes jet A and jet A-1. According to SPER market research, ‘Middle East and Africa Aviation Fuel Market Size- By Fuel Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Middle East and Africa Aviation Fuel Markeis predicted to reach XX billion by 2033 with a CAGR of 12. Drivers:Several significant drivers are driving the aviation fuel industry, including an increase in demand for sustainable aviation fuel (SAF) solutions. sample=1Restraints:The market for aviation fuels is severely constrained, mostly because of the high cost of producing sustainable aviation fuels (SAF). comFor More Information, refer to below link:-Middle East and Africa Aviation Fuel Market AnalysisThe United Arab Emirates (UAE) is anticipated to continue to dominate the Middle East and Africa aviation fuel market.
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