Saturday, August 30, 2025
24 C
Lagos

Global Airlines Financial Monitor: January 2017

  • The initial financial results for Q4 2016 indicate a continued solid performance for the air transport industry, albeit with on-going signs that momentum in the profitability cycle has weakened.
  • Global airline share prices began the year on a positive note, rising 1.5% in January and a healthy 6.8% over the past year. However, the industry has lagged the overall performance of global equities on both measures.
  • Brent crude oil prices have been broadly stable around $US55/bbl since the start of December and spent January trading in a tight range. Prices are expected to rise only gradually.
  • Downward pressure on industry-wide pax yields remains, despite increases in key cost components, particularly fuel and, in some markets, labour. The aggregate, however, masks differences in individual markets.
  • Both pax and freight demand ended 2016 on a strong note, delivering above-average growth for the year. Likewise, load factors also performed strongly in 2016, with the passenger measure registering a record annual outcome.
  • Premium airfares continue to generally hold up better than those of the economy cabin, helping to support airline financial performance.
spot_img
spot_img

Hot this week

Inspenonline Unveils Think-tank on NIIRA, Insurance Sector Recapitalisation

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

SanlamAllianz, Cornerstone, emPLE, Enterprise Life, Leadway, Lasaco Throw Weight Behind IMT 4.0

The fourth edition of Insurance Meets Tech (IMT 4.0)...

NCDMB, Coppercrux Engage South-South Youths on CNG Technologies, Opportunities in Value Chains

The Nigerian Content Development and Monitoring Board (NCDMB), in...

Fidelity Bank Champions Africa’s Export Growth at FNITCC Atlanta 2025

Leading financial institution, Fidelity Bank Plc has announced plans...

NAICOM, CAC Partner for 12- Month Recapitalisation Timeline

The Management of the National Insurance Commission (NAICOM) paid...

Topics

NAICOM Targets Technology to Drive Access to Insurance

KEYNOTE ADDRESS BY THE COMMISSIONER FOR INSURANCE, MR. OLORUNDARE...

Fatai Lawal Named Nigeria Entity MD as Continental Re Unveils Group Leadership Transition

L-R: Group Managing Director of Continental Reinsurance Holdings, Mr....

Cadbury Partners UNHCR to Support IDPs

Cadbury Nigeria Plc today announced a donation of Bournvita,...

Union Bank Earns BBB+, Stable Rating from GCR

Global Credit Ratings Co. (GCR) has affirmed Union Bank...

NIMC Partners RH-NHGSF to Deliver Effective School Feeding Program

In alignment with the Renewed Hope Mandate of President...

Unity Bank Appoints Ebenezer Kolawole as Acting MD/CEO

The Board of Unity Bank Plc has announced the...

‘Govt Must Improve Farm Access, Security to Combat Malnutrition’

Mr. Remmy Nweke, National Co-ordinator, Media Centre Against Child...

Facebook, CcHub Launch NG_Hub in Lagos – its First Hub Space in Africa

As part of its commitment and ongoing investment in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img