The African aviation industry lost an estimated $7.7 billion in 2020 due to the COVID-19 pandemic which grounded most commercial flights.
The International Air Transport Association (I-Ah-TA) released new data indicating that the impact of COVID-19. For instance, Job losses in Africa’s aviation and related industries could increase by up to 3.5 million. That is more than half of the region’s 6.2 million aviation-related employment and 400,000 more than the previous estimate.
Full-year 2020 traffic is expected to plummet by 54% (more than 80 million passenger journeys) compared to 2019. Previous estimate was a fall of 51%.
But African airlines have proved their resilience even during the pandemic. Many rented or changed some aircraft to freight carriers and haulage moving. Effectively contributing to the war against COVID-19 pandemic and by moving goods, vaccines and foods across the continent.
And now the recovery is not only moving forward but also starting new business models. Now, Partnerships and mergers are happening between aviation companies and nations to stay in the air. Also, the re-emergence of national carriers is still a topic with many plans of action. Stay with us as we further touch more on this.
