EAC Partner States need to fast-track implementation regulations on the liberalisation of air transport An extra 155,000 jobs and US$1.3 billion in annual GDP would be created if 12 countries opened their skies. Africa has formed the Single African Air Transport Market (SAATM) to spearhead a single unified air transport market to advance the liberalization of civil aviation in Africa. In the spirit of creating a single market and increased integration of Africa’s 54 nations, stakeholders want airlines operating within the continent to lower fares. Recent research by the International Air Transport Association (IATA) showed that ‘if just 12 key Africa countries opened their markets and increased connectivity, an extra 155,000 jobs and US$1.3 billion in annual GDP would be created in those countries.’ These are significant figures by any measure and IATA, the trade association for the world's airlines, representing some 260 members, maintains that lowering flight prices in Africa is the best way forward for all countries involved. Also Read: African aviation has potential to rake in $29 billion Africa has the Single African Air Transport Market (SAATM) which to date, has 34 countries already signed up. The 34 countries represent over 80% of Africa’s existing aviation market which
Subscribe to unlock this article
Login to read this article for free and get 3 free premium articles. Subscribe today for unlimited premium articles and more.
Digital Subscription – Monthly
Monthly renewing
You can cancel anytime.
$5 /Monthly
Digital Subscription – Annually
Monthly renewing
You can cancel anytime.
$40 /Annually