Archive for February 11th, 2017

Wildlife census to establish real numbers in key transboundary game area

TSAVO AND MKOMAZI AT THE CENTRE OF NEW WILDLIFE CENSUS

(Posted 11th February 2017)

It was learned overnight that the Kenya Wildlife Service, in cooperation with their counterparts in Tanzania, TANAPA, will early next week commence an aerial game census in the key elephant areas of Tsavo, the Taita Hills and across the border in Tanzania the Mkomazi National Park.
The operation will last for 12 days until the 24th of February and allow to put past census results in context with the new data expected from this count.
The area covered measures nearly 49.000 square kilometres, a massive undertaking by any standards.
It could not be established if the census cost are born by KWS alone or if partner organizations have come on board to help meet the massive cost in fuel and flying hours.

Save the Date: Tourism and the so-called “sharing economy” 09th of March 2017 ITB Berlin

Meet the World Tourism Organization in Berlin at ITB

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2017 expected to be a solid year for airlines

AVIATION IN 2017 – STILL PROFITABLE AMID MORE CHALLENGES

(Posted 11th February 2017)

IATA

Find below the key points highlighted by IATA as the organization publishes the January report of the Airlines Financial Monitor.

Key points:

The initial financial results for Q4 2016 indicate a continued solid performance for the air transport industry, albeit with ongoing 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, labor. 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.

View full report (pdf)

Corporate Council on Africa News Updates

INFRASTRUCTURE

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