Airports Company South Africa traffic performance and outlook
The new quarter of the 2023/2024 financial year started on a positive note, with departing passenger traffic recovering to 81% and 87% of pre-COVID traffic in April 2023 and May 2023 respectively, for the first time since the start of the COVID-19 pandemic. The recent recovery can be attributed to a resilient domestic sector, together with the influence of the easter holiday, new international capacity through new routes providing direct connectivity to new and existing markets, and the MICE travel segment resulting from South Africa hosting multiple global events.
The international market segment has been on a consistent grow trajectory since the. New routes, and route expansions are the largest contributors influencing the international market recovery. International airlines have contributed immensely to the recovery of the international market segment, which currently boosts the highest recovery rate.
ACSA three main international airports collectively account for 85% of all air passenger traffic in South Africa. ORTIA accounts for the majority of traffic within ACSA’s network of airports (49% of the network departing passenger traffic), whilst CTIA continues to boast a high recovery rate (with an overall 80% recovery in departing passengers).
