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Aviation revenue to hit $964 billion, African airlines to post $0.5b losses in 2024
Infrastructure, connectivity impact region’s industry performance Wole Shadare, Geneva, Switzerland Having recovered from the 2020 Covid pandemic that did incalculable damage to the global aviation industry, industry revenues are expected to reach a historic high of $964 billion according to the International Air Transport Association (IATA). While other regions in the world are expected to post profits in 2024, African carriers are expected to generate losses in both 2023 and 2024. The continent according to…
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