Relaunch of activity despite some turbulence in perspective

Optimism, after two and a half years of Lady Covid reigning supreme, is in order among airlines, many of whom expect to cut losses. Many of them aspire to return to the green in 2023, thanks to a strong recovery in passenger demand, which has already been observed.

However there is a catch, through ” cost challenges, particularly jet fuel, and continued restrictions in some key markets “, remarked the director general of the International Air Transport Association (IATA), Willie Walsh, quoted in a press release.

Indeed, the conflict in Ukraine and the sanctions against Moscow have pushed the price of hydrocarbons to new heights. Fuel will represent some 24% of airline costs in 2022, compared to 19% in 2021, according to IATA. This is the case of our national company Royal Air Maroc (RAM) which is by these facts in this perspective.

The airline industry across the world is still expected to lose a cumulative $9.7 billion this year, but it will be a “huge improvement” after the $137.7 billion lost in 2020 and $42.1 billion in 2021, underlined, IATA, which federates the vast majority of airlines around the world and which holds its annual general meeting in Doha.

Sector-level profitability in 2023 looks within reach, as (companies) in North America are expected to make $8.8 billion in profits by 2022 “Said the Institution in a press release on the occasion. Never mind ! the recovery should result in “seeing the number of passengers reach 83% of the pre-pandemic level” this year, assured the organization.

RAM is no exception to this situation and is gradually recovering from this crisis thanks in particular to a strong demand for travel “from and to the Kingdom”, especially in this summer and this thanks to the lifting of travel restrictions. movement on most markets including Morocco precisely (cancellation of the PCR test obligation).

The national company feeds in this case hopes of a happy recovery in the near future, we are told within the RAM. Also, despite all the misfortunes it has suffered, optimism is in order in the “Ailes du Maroc” Group and yet it is not the hitches, along the way, that will be lacking in view of a situation that is still well ungrateful.

The increase in fuel, for example, is one of those factors that spoil the lives of our people in the sky and its impact is all the more significant since it is kerosene, compared to other hydrocarbons, which suffers the most from the harmful effects of increase.

This has repercussions on higher transport prices. ” But it’s general and the prices remain essentially the same for all competing companies. we were told. In addition, the national company can rely on its legendary dynamism to fill the void of a reduced fleet in order to climb the slope and erase or at least limit the effects of the crisis. We remember at the height of the crisis, the RAM, reluctantly, was relieved of six of the sixty of its aircraft and put an end to lease contracts.

We have ten fewer aircraft than in 2019. So, a lower capacity but with more productivity and efficiency thanks in particular to our crews and our teams on the ground “, declared recently to the magazine “Jeune Afrique“ the CEO of RAM, Hamid Addou who intends to sign, before a real economic take-off, a program contract with the Executive to double the fleet of the national company. The latter, moreover, sees with its best eye, the filling of its planes and hopes to find its pre-crisis figures, like the other companies, towards the horizon 2024. That is all the harm we can wish him.

Dame Covid, passing by, has torpedoed the airline industry over the past two years, which lost 60% of its customers in 2020 despite recovering 50% from the 4.5 billion passengers in 2019. In terms of turnover, IATA tells us, the companies to each their own, hope to start rising again from the end of 2022 towards 93.3% of the levels of 2019. With 782 billion dollars, this will be a a jump of 54.5% over one year. This increase will be fueled by revenue from passenger transport, which will “more than double” over one year to 498 billion dollars, while freight revenue will fall slightly to 191 billion dollars against 204 billion the previous year, but still at a “double level” of 2019. Freight, it should be remembered, was one of the few oxygen balloons in the aviation sector during the crisis.

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