African airlines face thin 0.2% profit margins despite 137.3m traffic boom

African airlines are projected to handle 137.3 million passengers in 2026, a 21.5 percent increase in traffic. However, the industry continues to operate on very thin profit margins of 0.2 percent. The growth in capacity is outpacing demand, putting further pressure on profitability. The report highlights the financial challenges facing African carriers despite rising passenger numbers.

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