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February capacity in Africa back to 64%, AFRAA estimates $4.9B loss in 2022
African airlines are gradually recovering from the COVID-19 pandemic as the continent’s capacity in February has reached 64 percent compared to the same month in 2019. This is actually heartwarming for the airlines that have had to struggle to wriggle out of the difficulty that not only stunted their growth but one that elicited gloom. Airline revenues remained low with many operators battling with cash-flow issues. The full-year revenue loss for 2022 is estimated at…
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