Africa’s airlines are set to earn a collective net profit in 2024 for a second consecutive year after recovering from the COVID-19 pandemic. However, the anticipated $100 million profit translates to around 90 cents per passenger – well below the global average of $6.14, said the International Air Transport Association (IATA). “Africa’s airlines are making a collective profit,” said IATA regional vice president for Africa and the Middle East and former Kuwait Airways CEO Kamil Al Awadhi. “That is good news. But it is razor-thin and well below the global benchmark.” IATA called on Africa’s governments to take advantage of

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register