Tuesday, October 14, 2025
24.1 C
Lagos

Global Airlines Financial Monitor: September 2017

  • The more complete financial data from Q2 show that the year-on-year decline in profit margins was quite small for the industry in aggregate, and actually masked strong increases in the case of European and Latin American carriers. North American airlines again posted the widest profit margins, albeit slightly narrower than a year ago.
  • Industry-wide passenger yields posted positive, albeit very modest, year-on-year growth in July for just the second time in almost four years. Passenger yields have continued to trend higher at an annualized rate of around 3.5%.
  • Global airline share prices rose by 0.9% in September, driven by a gradual recovery in the North American index following two sharp monthly declines. By contrast, European and Asia Pacific airline shares both fell modestly.
  • Oil prices have trended higher in recent months, reflecting supply constraint on the part of OPEC and Russia, as well as a weaker US dollar. The price of Brent crude rose to a 26-month high of US$58.50/bbl during September.
  • Passenger and freight volumes both grew robustly in year-on-year terms in August, although the seasonally-adjusted (SA) upward trend in the former has moderated. The SA passenger load factor remains at a historically high level, while the SA freight load factor rose to a three-year high in August.
  • Stronger global trade conditions are helping to support demand for premium class travel, particularly to/from Asia. Premium’s share of passenger revenues rose to 26.3% in the first seven months of 2017, from 26.0% a year ago.
spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Supports UAC on Acquisition of CHI with Investment Banking Solution

Stanbic IBTC Holdings Plc proudly supported UAC of Nigeria...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Unity Bank MD Celebrates Resilient Frontline Staff, Reaffirms Commitment to Customer Service Excellence

The Managing Director/Chief Executive Officer of Unity Bank Plc,...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Stanbic IBTC Bank Hosts Strategic Forum to Arm Clients with Economic Clarity

Stanbic IBTC Bank has taken a significant step in...

Topics

NCC/NESG: Partnership for Telecom Impact in National Development

L-R: Dr. Ikechukwu Adinde, Director, Public Affairs, Nigerian Communication...

MTN Digital TV Goes Live TODAY!

Nigerians Embraces Convergence as MTN launches Nigeria’s 1st converged...

STACO Insurance CEO, Wale Banmore, Charges Staff to Drive Corporate Growth in 2024

Dr. Wale Banmore, the Managing Director/CEO of STACO Insurance...

Sterling One Foundation CEO, Olapeju Ibekwe, Joins Board of UN Global Compact Network Nigeria Ahead of UNGA 80

    Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation,...

Inspenonline Unveils Think-tank on NIIRA, Insurance Sector Recapitalisation

As the insurance sector witnesses a new dawn with...

First Bank Issues Profit Warning as Impairments Stunt Earnings

First Bank has issued profit warning on its financials...

South African Airways Flies on Bio-kerosene

South African Airways have flown their first bio-kerosene fuelled...

Shoprite Nigeria Closes Kano Store, Announces 2-5 Year Bullish Growth for Nigeria 

Retail Supermarket Nigeria Limited (RSNL), operating as Shoprite Nigeria...
spot_img

Related Articles

Popular Categories

spot_imgspot_img