South Africa: OR Tambo among top 10 busiest airports in Middle East and Africa
OR Tambo International Airport (ORTIA) has been ranked among the top 10 busiest airports in the Middle East and Africa for 2024, according to data from OAG's Global Airline Schedules.
Airports Company South Africa (Acsa) announced that ORTIA facilitated over 12 million scheduled seats this year, underscoring its role as a crucial hub for air travel, trade, and connectivity in the region.
As one of South Africa's key international gateways, ORTIA demonstrated significant growth and operational capacity, handling over 17.8 million passengers and more than 204,000 aircraft movements in the fiscal year from April 2023 to March 2024.
These figures highlight ORTIA's role as Africa's busiest airport, facilitating global connections and contributing to economic activity through its extensive network.
Acsa has stated its focus on maintaining high infrastructure and operational standards to support continued growth.
The top 10 busiest airports comprise:
1. Dubai International – 60,236,220 seats
2. Doha (QA) – 32,455,882 seats
3. Jeddah – 29,715,122 seats
4. Riyadh King Khalid Intl – 23,298,983 seats
5. Cairo International – 18,712,227 seats
6. Zayed International – 17,125,037 seats
7. OR Tambo International – 12,272,780 seats
8. Addis Ababa – 12,099,516 seats
9. Kuwait – 10,931,111 seats
10. Sharjah – 9,128,412 seats
All rights reserved. © 2022. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info).
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
3 hours ago
- Zawya
Best cryptos of 2025: BlockDAG, Toncoin (TON), and Bittensor (TAO) price targets revealed!
In the crypto of 2025, every new project strives to make its mark, but some rise above the noise. While Toncoin (TON) and Bittensor (TAO) have their unique strengths, BlockDAG stands out with its strategic approach that blends the power of sports partnerships with solid market performance. Toncoin benefits from its integration with Telegram, and Bittensor shows promise with its technical indicators pointing toward growth. ContentsFrom the Pitch to the Court: BlockDAG's Rise Is Fueled by Sports PowerhousesToncoin (TON) Market Outlook: Riding the Telegram Wave to ProminenceBittensor (TAO) Price Target: Can It Achieve a 46% Rally Amid Market Weakness?BlockDAG Takes the Lead with Strategic Partnerships However, BlockDAG's connections to global sports brands like Inter Milan and the NBA offer a compelling narrative that goes beyond mere technology. This combination of trust, visibility, and strong market statistics makes BlockDAG a notable player. From the Pitch to the Court: BlockDAG's Rise Is Fueled by Sports Powerhouses BlockDAG's rise in the crypto world is nothing short of impressive, and its success is powered by partnerships with two of the world's most iconic sports institutions—Inter Milan in football and the NBA in basketball. These strategic alliances are more than just branding; they tap into the deep emotional connection that fans worldwide have with these sports. It's this passion that BlockDAG is leveraging to not only gain visibility but also drive a sense of loyalty and trust among investors. Football and basketball are universal languages, transcending borders and uniting millions of people. Therefore, BlockDAG's ability to align itself with these globally recognized and emotionally resonant sports brands is what sets it apart. These aren't just sponsorships; rather, they are powerful narratives that draw in investors who are not only looking for financial opportunities but also for projects that align with their passions. The results speak for themselves. BlockDAG has raised $290 million in presale funds and sold over 22 billion coins. Consequently, the ROI since Batch 1 has been a staggering 2,520%, proving that early investments are paying off. Currently, Batch 28 is priced at $0.0262, with a limited-time offer of $0.0018 until June 13th. With these figures, BlockDAG is quickly becoming one of the best performing crypto coins in 2025. By connecting to the heart of sports, BlockDAG is creating more than just a cryptocurrency—it's building a movement that investors can feel emotionally connected to, making it a standout in the world of crypto presales. Toncoin (TON) Market Outlook: Riding the Telegram Wave to Prominence Toncoin (TON) has rapidly gained attention thanks to its strong connection with Telegram, one of the world's most popular messaging platforms with over 900 million active users. This strategic integration offers Toncoin a unique advantage, providing both visibility and real-world utility within Telegram's ecosystem. As of June 2025, Toncoin holds the 18th position in market capitalization, valued at $7.8 billion, with a trading price of $3.16. Furthermore, the TON Foundation's ambitious goal to onboard 30% of Telegram's active users in the next six years further solidifies Toncoin's growth potential. Despite a 25% price drop earlier this year, Toncoin has continued to attract institutional investors, such as Sequoia Capital and CoinFund, who contributed to a $400 million venture raise in March 2025. With a growing user base, institutional support, and upcoming developments in decentralized finance (DeFi), the Toncoin (TON) market outlook remains strong and promising for the future. Bittensor (TAO) Price Target: Can It Achieve a 46% Rally Amid Market Weakness? Bittensor (TAO) has gained attention for its potential to rally by 46%, despite the current market challenges. The Bittensor (TAO) price target is drawing focus as key technical indicators, like the RSI and MACD, suggest that TAO might be positioned for a strong upward move. The RSI indicates that TAO is currently oversold, a condition often associated with price reversals. Meanwhile, the MACD is showing signs of a trend shift, which adds to the growing optimism for a potential rally. Investors are closely monitoring these signals, as they point to a possible price breakout above resistance levels, making the Bittensor (TAO) price target of a 46% rally more achievable. If the momentum continues to build and the market conditions stabilize, TAO could experience significant gains in the short term. Therefore, for those looking to capitalize on market fluctuations, this makes Bittensor an interesting opportunity for investment. BlockDAG Takes the Lead with Strategic Partnerships As the crypto market continues to expand, Toncoin (TON) and Bittensor (TAO) are carving out their spaces with distinct advantages. Toncoin's integration with Telegram gives it an edge in visibility, while Bittensor shows promise through its technical potential. However, BlockDAG's ability to align itself with iconic sports institutions such as Inter Milan and the NBA has set it apart, creating not just visibility but an emotional connection with investors. With impressive fundraising, solid presale performance, and a strong market presence, BlockDAG's strategic approach gives it an edge over the competition, making it a standout in 2025's crypto market.
Zawya
4 hours ago
- Zawya
Airlines forecast profit growth in 2025, headwinds persist
The International Air Transport Association (Iata) has released its updated outlook for 2025, forecasting stronger profitability for airlines over 2024, despite continued global economic and geopolitical challenges. Source: Archive The industry is expected to post a net profit of $36.0bn in 2025, an increase from the $32.4bn projected for 2024, though slightly below the $36.6bn estimate made in December 2024. The net profit margin will improve from 3.4% to 3.7%, while operating profits are forecast to rise to $66.0 bn from $61.9bnn the previous year. Total revenues are set to reach a record $979bn, up 1.3% year-on-year, driven by strong demand, with passenger numbers climbing to an all-time high of 4.99 billion, representing a 4.0% increase on 2024. Cargo volumes will also edge up by 0.6% to 69 million tonnes. "The first half of 2025 has brought significant uncertainties to global markets. Nonetheless, by many measures, including net profits, it will still be a better year for airlines than 2024, although slightly below our previous projections. "The biggest positive driver is the price of jet fuel, which has fallen 13% compared with 2024 and 1% below previous estimates," says Willie Walsh, Iata's director general. Passenger demand and revenues climb Passenger load factors are set to reach a record 84.0%, reflecting capacity constraints from persistent supply chain bottlenecks affecting fleet deliveries and maintenance. Total passenger revenues will hit a record $693 billion, a 1.6% increase, including a notable 6.7% rise in ancillary revenues to $144 billion. Passenger traffic, measured in Revenue Passenger Kilometres (RPKs), is expected to expand by 5.8%, with average airfares easing as passenger yields decline by 4.0% in response to falling oil prices and competitive pricing pressures. The average return airfare, adjusted for inflation, will drop to $374, about 40% lower than 2014 levels in real terms. In a recent April 2025 IATA passenger poll, 40% of respondents indicated they planned to travel more in the year ahead, while 53% said they would travel the same as before. Encouragingly, 47% expressed an intention to spend more on travel, underscoring continued consumer appetite for air journeys despite economic headwinds. Cargo revenue dips amid slower growth On the cargo side, revenues are projected to fall by 4.7% to $142bn due to a softening global economy and growing protectionism. Cargo growth will slow to 0.7%, following an 11.3% expansion in 2024, as yields are anticipated to decline by 5.2%. However, cargo demand remained resilient into April 2025, up 5.8% year-on-year. Airlines' total expenses will climb to $913bn, a 1.0% increase, though this will be offset by a lower fuel bill of $236bn, with average jet fuel prices expected at $86 per barrel, down from $99 the previous year. Sustainable Aviation Fuel (SAF) production is set to double to 2 million tonnes, accounting for 0.7% of total fuel use, though high SAF prices — more than 4.2 times the cost of conventional jet fuel — remain a challenge, compounded by European compliance fees. 'The behaviour of fuel suppliers in fulfilling the SAF mandates is an outrage. The cost of achieving net-zero carbon emissions by 2050 is estimated to be an enormous $4.7t. Fuel suppliers must stop profiteering on the limited SAF supplies available and ramp up production to meet the legitimate needs of their customers,' Walsh commented. The cost of Corsia carbon credits is expected to rise to $1bn in 2025, though currently only Guyana has issued the high-quality credits required by the scheme. Delivery delays and engine issues persist Aircraft manufacturers continue to grapple with backlogs exceeding 17,000 aircraft, pushing waiting times for new orders to as long as 14 years. Deliveries are forecast to reach 1,692 aircraft in 2025 — the highest since 2018 — yet this remains 26% below earlier estimates. Engine supply chain problems have grounded over 1,100 aircraft under 10 years old, equivalent to 3.8% of the global fleet, primarily due to PW1000G engine issues. "Manufacturers continue to let their airline customers down. Every airline is frustrated that these problems have persisted so long. And indications that it could take until the end of the decade to fix them are off-the-chart unacceptable!" Walsh stresses. Regional outlook North America leads, Africa lags Regionally, North America will maintain the highest absolute profit, though airlines face economic slowdown and operational constraints. In Europe, robust demand, especially from low-cost carriers, and a stronger Euro are bolstering performance. Asia Pacific is benefitting from relaxed visa policies and improved capacity on China-US routes, while Latin America's prospects remain mixed amid local currency weakness and a proposed Brazilian VAT increase on air travel. Middle Eastern carriers will achieve the highest profit per passenger carried, although growth is hampered by aircraft delivery delays, and Africa continues to face the toughest conditions due to high operational costs, fleet shortages, and access to foreign currency. Public support and climate goals Public sentiment toward air travel remains positive, with IATA's April poll showing 97% of travellers satisfied with their journeys, and 90% believing air connectivity is essential for modern life and economic development. Confidence in the sector's climate ambitions also remains strong, with 81% of travellers trusting airlines' commitment to achieve net-zero CO2 by 2050, far outpacing confidence in government and oil company climate strategies. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Zawya
11 hours ago
- Zawya
WPP Media cuts 2025 global advertising revenue growth forecast to 6% on trade concerns
Global advertising revenue is expected to grow 6% this year, WPP Media said on Monday, lowering its earlier target of 7.7% due to uncertainty over U.S. trade policies. Advertisers are appearing to delay making new commitments to their marketing plans because of the shifting policies, according to a report by the media investment arm of ad group WPP. WHY IT'S IMPORTANT Digital ad spending by companies is a major driver of revenue for Alphabet-owned search giant Google and social media firms such as Meta Platforms, Pinterest , Reddit and Snap. Economic uncertainty is accelerating the adoption of AI tools in ad production and targeting, the WPP Media report said. Meta aims to allow brands to fully create and target ads with its AI tools by the end of 2026, the Wall Street Journal reported last week. Research firm Emarketer recently said companies that rely on traditional keyword-based search ads could lose revenue due to the growing popularity of AI-driven search ads. BY THE NUMBERS WPP Media now expects global ad revenue to reach $1.08 trillion in 2025, with 6.1% growth projected for 2026. Digital advertising is expected to account for 73.2% of the global revenue this year. In 2025, user-generated content will account for a greater share of ad revenue than professionally produced content, the report said. It forecast print advertising revenue will fall 3.1% to $45.5 billion this year, while search revenue is expected to grow 7.3%. CONTEXT WPP Media said brands are expected to prioritize flexible ad contracts, shift budgets toward media placements that reach consumers directly and focus on secure data strategies amid economic uncertainty. The U.S. remains the largest ad market and is expected to grow 5.6% to $404.7 billion, followed by China and the UK, according to the report. (Reporting by Jaspreet Singh in Bengaluru; Editing by Sahal Muhammed)
