Africa Archives - Page 8 of 9

How foreign airlines lost over 50% trapped funds to Africa’s currency devaluation

Posted on June 5, 2024 by Wole Shadare

….Continent’s carriers worst hit, says IATA Nigeria and other African countries may have been given a clean bill of health over the payment of foreign airlines’ trapped fund, but the International Air Transport Association (IATA) said only about 50% per cent of the entire value of its fund was lost to the devaluation of currencies of most African nations since 2022 when these funds started piling up. IATA’s Regional Vice-President of Africa and Middle…

Qatar’s destinations in Africa rise to 29 with DRC operations

Posted on June 1, 2024 by Wole Shadare

Mega carrier, Qatar Airways is expanding rapidly into the African aviation market as the carrier began flight operations, connecting the Democratic Republic of Congo with Europe, the Middle East and Asia. The inaugural flight from Doha to Kinshasa landed at N’djili International Airport on Saturday, 01 June 2024, bringing the total number of African destinations served by the airline to 29. The new route promises to connect Kinshasa to the world via Qatar Airways’ Doha…

Visa: Remediating African obstacles

Posted on May 28, 2024 by Wole Shadare

Embracing liberal visa policies will not only facilitate seamless travel but also contribute significantly to enhanced trade in goods and services, cross-border investment and shared prosperity, writes, WOLE SHADARE Visa-free Africa Lots of commentators/observers (international and local) have argued on the issue of a Visa-free Africa, being the route to Africa’s integration. Some have said it’s necessary for a liberalised Africa and easy movement of Africans across borders, free movement of goods and services and…

How access to data undermines Africa’s aviation sector, says Avialog CEO

Posted on May 19, 2024May 19, 2024 by Wole Shadare

The Lack of accurate data has negatively impacted the continent’s aviation industry. This was the view of the chairman and Chief executive officer of Avialog Company Limited, Dr. Richard Aisuebeogun at the just concluded 12th Aviation Stakeholders and Safety Summit Convention put together by the African Airlines Association (AFRAA), Flight Safety Foundation and hosted by Ethiopian Airlines in Addis Ababa, Ethiopia. Aisuebeogun noted that there is a need for all the players in the industry…

Amid Africa’s 2% global cargo market, region sees 14.2% year-on-year demand growth

Posted on April 30, 2024April 30, 2024 by Wole Shadare

The International Air Transport Association (IATA) said Africa, which accounts for 2.0% of the global air cargo market saw 14.2% year-on-year demand growth for air cargo. The clearing house for more than 300 global airlines just released its latest y-o-y analysis of the air cargo market (a very useful barometer of trade) based on capacity (supply) and traffic (demand) in March 2024 stated that demand in Africa–Asia market increased to 22.9%, however, this was a…

Fadugba: Africa needs reliable, affordable air transport industry

Posted on April 29, 2024April 29, 2024 by Wole Shadare

The Chief Executive Officer of African Aviation Services Limited, Nick Fadugba said Africa needs a safe, reliable, efficient, affordable and profitable air transport industry that facilitates travel, trade and tourism across the continent, and between Africa and the world. He however stated that despite the myriad of challenges confronting the continent’s aviation industry, much has been achieved, hinting that aviation safety, security, training, regulatory oversight, infrastructure, liberalisation, modernisation and funding all need to be improved…

NSIB, Aerospace University ink deal to enhance aviation safety in Africa

Posted on April 11, 2024 by Wole Shadare

The Nigerian Safety Investigation Bureau (NSIB) has signed a Memorandum of Understanding (MoU) with the African Aviation and Aerospace University (AAAU) to foster cooperation on training to prevent and mitigate accidents and incidents in the country’s transport sector. The African Aviation and Aerospace University (AAAU) is the first Pan-African University dedicated to aviation, aerospace, and environmental science. Addressing two critical needs within the continent’s industry, AAAU tackles the research and development gap in Africa’s aviation…

Hassenstab: I’m optimistic about Delta’s future in Africa

Posted on April 2, 2024 by Wole Shadare

With 4000 flights daily to its destinations across the globe with a codeshare arrangement with Kenya Airways, Delta Air Lines is regarded as one of the biggest airlines in the world. The carrier’s Director of Sales, Middle East, Africa and India, Paul Hassenstab in this interview with WOLE SHADARE speaks of its impact in Nigeria and the West African market, investment in infrastructure and how to sustain its market share among others. Delta is regarded as the most…

Deep reflections on Africa’s troubled airlines

Posted on March 12, 2024March 12, 2024 by Wole Shadare

Africa’s airlines must wake up to the brutal competition outside the continent. That remains their biggest challenge, writes, WOLE SHADARE Sharp contrast The sheer size of Africa, the distances between cities, and the poor state of road and rail infrastructure should, in theory, make aviation an ideal mode of transport for the movement of goods and people alike. Air transportation, however, has failed to fill this gap and the market remains small by the standard of…

IATA: Africa records improved safety record, 2023 best-ever for global aviation

Posted on February 28, 2024 by Wole Shadare

African aviation received a major boost as the continent’s air safety recorded a significant improvement. The International Air Transport Association (IATA) in its 2023 Annual Safety Report for Global Aviation stated that the accident rate improved from 10.88 per million sectors in 2022 to 6.38 in 2023. The continent according to IATA posted a better safety record than the 5-year average of 7.11 with no fatalities, highlighting that Africa has had no passenger jet hull losses or fatal accidents since 2020. The…

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