African carriers

AfDB working on aircraft financing for African carriers

Posted on by Wole Shadare
AfDB working on aircraft financing for African carriers

There are indications that the African Development Bank (AfDB) is working to create a platform for financing aircraft following the challenges aircraft financing poses for the continent’s carriers, said the Secretary-General of African Airlines Association (AFRAA), Abdérahmane Berthé. Berthe who spoke to Aviation Metric at the just concluded MRO Africa convened in Addis Ababa, Ethiopia at the weekend said AFRAA was discussing with AfDB to see how they can support the project of aircraft financing for…

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African carriers to carry 98 million passengers in 2024, revenue rises to $1.83 billion in Jan

Posted on by Wole Shadare
African carriers to carry 98 million passengers in 2024, revenue rises to $1.83 billion in Jan

Ghana proposes $20 passenger fee as Kotoka, 39 nations commit to SAATM     African Airline Association (AFRAA), the umbrella body for the continent’s airlines has estimated that carriers from the region will carry about 98 million passengers in 2024, describing it as a year of recovery. It noted that the continent’s airline operations have exceeded pre-Covid levels both in terms of capacity and traffic carried, stressing that the number of seats offered in the…

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