Iata rolls out special Africa project
Iata is to launch a special Africa programme to help rebuild aviation on the continent following the ravages of the pandemic.
The ‘Focus Africa’ initiative will take a many-pronged approach, including public-private partnerships, to help the continent strengthen and reinforce its aviation sector, according to an Iata online press conference on April 3.
Africa lost US$3,5 billion (R62,4 billion) in the years 2020-2022, according to Iata. And Iata estimates further losses of US$213 million (R3,8 billion) in 2023.
Despite the African continent having 18% of the global population it has only a 2,1% share of global aviation, so there is clearly room for immense growth in the industry, which would bring more of the commercial and social benefits that aviation is known to bring – principally, connectivity, jobs and better growth in the larger economy.
Source: Travel News