Sunday, July 25We Break the News

Tag: Air Transport

Africa: Unblocking Bottlenecks in Financial Relief Critical for Survival of Air Transport in Africa

AFRICA, TECHNOLOGY
AMMAN, Jordan, July 29, 2020/ -- The International Air Transport Association (IATA) is urging African governments to: Unblock bottlenecks so that urgently needed financial relief pledged for air transport and tourism reaches the distressed businesses it is meant to help.Implement the International Civil Aviation Organization’s (ICAO) Take-Off guidance to ensure a safe restart to aviation.  Unblocking Financial Bottlenecks As a consequence of the pandemic and associated restrictions, African airlines are forecast to lose USD 2 billion in 2020. Without urgent financial relief, the industry is at risk of collapse, putting about 3.3 million jobs and USD 33 billion in African GPD in jeopardy. To date, the governments of Sub-Saharan Africa Rwanda, Senegal, Côte D’Ivoire and...
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