Nigeria along with other African airlines’ total passenger traffic market shares by region of carriers in terms of Revenue Passenger Kilometers, RPK, stood at 2.1 per cent in the full year ended 31st March, 2023.
The region recorded the least market share with reference to RPK among the six regions in the world.
RPK is the number of paying passengers carried on scheduled flights multiplied by the number of kilometres those seats were flown.
According to the International Air Transport Association, IATA, which represents 300 airlines comprising 83 per cent of global air traffic, Europe tops the regions globally with 30 per cent RPK, while North American recorded 28.9 per cent.