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Browsing: aviation
Partner states of the East African region have been urged to fast-track the finalization and implementation of EAC regulations on liberalization of air transport services.
This is amid a finding which reveals that the high cost of air transport in the region is attributed by slow pace of liberalization.
According to the East African Business Council (EABC), liberalization of air transport services will lower flight costs and in turn reduce the cost of doing business in the region.
A finding by the latest policy paper by EABC dubbed, ‘Costs and Benefits of ‘Open Skies’ in the East African Community’, says that air-transport liberalization is set to lower flight costs by 9 percent and see a 41 percent increase in flight frequencies.
According to the paper, despite the commitments of the EAC Partner States at the international level, the domestic air transport sector remains protected, reducing accessibility and increasing air transport …
The government introduced a five-year zero profit tax policy for new investments in the hospitality sector which is expected to encourage private sector investment.
According to the study, the development of world-class tourism facilities is expected to lead to job creation and boost tourism earnings.…
Africa’s aviation could lose up to $35 billion according to data from the International Air Transport Association (IATA) compared to its previous estimates of a $28 billion decline.
This is due to the worsening of the impact of Covid-19 on Africa’s aviation industry and economies since IATA’s previous assessment in April.
According to IATA, job losses in aviation and related industries could increase by up to 3.5 million. This is more than half of Africa’s 6.2 million aviation-related employment and 400,000 more than the previous estimate.
The whole of 2020 traffic is expected to plummet by 54 per cent which is more than 80 million passenger journeys compared to last year’s estimated fall of 51 per cent.
”Covid-19 has devastated African economies and brought air connectivity across the continent to a virtual standstill. And the situation is getting worse. The economic consequences resulting from a disconnected continent are severe. Millions …
The African aviation is at a standstill according to a report by the International Air Transport Association (IATA).
According to IATA’S report, on May, 12th African flights were operating at just six per cent of the level of January 2020. The report also states that African airlines total loss of revenue is at around $6 billion so far which means a GDP loss of about $28 billion and three million job loss in the industry.
Many African airlines have gone into administrations including South African Airways, South African Express, Air Mauritius and South Africa’s Comair with others also expected to follow suit. Air Mauritius noted that the objective of going into voluntary administration is to safeguard the interests of the company and re-engineer its activities so it can take off again once this crisis is over.
Some of the airlines in African had already been struggling before the COVID-19 …
The deadly coronavirus (COVID-19) which has now spread over 60, with 93,000 cases and more than 3,000 deaths in China, is projected to hurt the African airline landscape, taking away $40 million in revenue.
At the moment, Africa has witnessed confirmed cases in Senegal, Nigeria, Egypt, Algeria, Morocco and Tunisia.
The outbreak has made big-industrial players such as British Airlines, United Airlines, Cathay Pacific to trim their routes to various destination, including northern Italy, South East Asia, to evade further trouble with the virus.
On that line, African airlines have taken their own path to curb the scenario, as Tanzania’s emerging airline halted its scheduled flights to China, Kenya’s court order made Kenya Airways postpone flights to China, and Rwanda did the same.
However, Ethiopia faced criticism for not realizing the flights’ cancellation to China, like its fellow players.
According to the International Air Transport Association (IATA), the global aviation …
Emerging markets aviation services provider National Aviation Services says it will offer comprehensive ground handling and cargo services in Mozambique from July.
This will cover ramp, passenger and engineering services and include check-in, boarding, ramp handling, maintenance, cleaning as well as import and export cargo handling and storage for scheduled and ad-hoc airlines at all airports in Mozambique.
“Airline traffic is growing steadily in Mozambique. Coupled with the developing oil and gas, and mining sectors, there is a huge demand for air transport related goods and services for both cargo and passenger operations,” group CEO Hassan El Houry said in a statement.
“This requires heavy investment in the latest equipment, technologies and processes at the different airports in Mozambique, all of which NAS can provide easily. We look forward to utilizing our global experience and expertise to modernize operations and drive efficiency using the latest technologies and operational practices.”
NAS …