Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    US Vice President Harris to address China’s influence and debt distress in Africa visit

    March 24, 2023

    Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit

    March 24, 2023

    ‘Hotel Rwanda’ figure Rusesabagina to be released from prison -government source

    March 24, 2023
    Facebook Twitter Instagram
    • Home
    • About Us
      • Profile
      • The Team
      • Advertise
      • Media Kit
    • Contact Us
    • Regions
      • Ghana
      • Nigeria
      • Kenya
      • South Africa
      • Europe
      • United Kingdom
      • USA (North America)
    Trending
    • US Vice President Harris to address China’s influence and debt distress in Africa visit
    • Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit
    • ‘Hotel Rwanda’ figure Rusesabagina to be released from prison -government source
    • Whole-genome sequencing reveals genetic structure, evolution of African populations
    • Op-Ed: World TB Day – Yes! We can end TB
    • Bybit Goes Live With ARB Token and a $400K Prize Pool
    • Ghana’s power producers urge government to pay $1.4bn debt
    • Chad says it has nationalised all assets owned by Exxon Mobil
    0 Shopping Cart
    Facebook Twitter YouTube LinkedIn
    Africa BriefingAfrica Briefing
    Resources
    Support Us
    • News
    • Politics
    • Business
    • Energy
    • Technology
    • CryptoTech
      • Crypto News
      • Startups & Companies
      • Crypto Currencies
      • DeFi
      • Metaverse
      • NFTs
    • More
      • Videos
      • Opinion
    • Magazine
    Home » African airlines post $100m losses in 2017 due to high operation costs
    Featured

    African airlines post $100m losses in 2017 due to high operation costs

    Editorial StaffBy Editorial StaffDecember 15, 2017No Comments0 Views
    Facebook Twitter WhatsApp Telegram
    Share
    Facebook Twitter Telegram WhatsApp

    THE International Air Transport Association (IATA) says African airlines will post a collective loss of $100m by the end of this year, with a similar predicted deficit in 2018 because of high operating costs and restrictive aviation policies of most African countries.

    In an interview with the BBC, IATA’s vice president for Africa, Raphael Kuuchi pointed out the several factors that cause African airlines to operate at a loss while their counterparts across the world make money.

    The high taxation imposed on aviation fuel by most African countries means that the transport operating costs of African airlines are among the highest in the world. Many governments impose high tax on the aviation fuel in order to subsidise other fuels or even supplement budgetary incomes at the expense of efficient aviation.

    Kuuchi also highlighted the fact that airlines on the continent are served by costly monopolies at the different airports including catering services, logistics management companies and fuelling service providers among others. This coupled with the limitation of airports with many countries having one operational international airport means that airlines don’t usually have the luxury of operating away from an airport served by an expensive service provider.

    With reports indicating that African airlines fly with 30 percent empty seats on average against the world average of 20 percent means that the airlines are getting less returns on investment as compared to airlines elsewhere. The low passenger numbers are blamed on the high ticket prices which are in turn blamed on high tax regimes and restrictive government policies on aviation.

    Kuuchi is hopeful that the African Union commitment to open up the African skies and aviation markets will boost the industry and airlines’ fortunes.

    In January 2018, 22 African countries will open up their skies unconditionally to airlines operating in Africa, having signed a declaration championed by the African Union.

    Share. Facebook Twitter Telegram WhatsApp

    Related Posts

    AfDB approves $116m loan to upgrade Tanzania’s southern road corridor

    September 30, 2021

    Tanzanian women see bright future in photography

    September 20, 2021

    Kenyan court jails ex-sports minister for six years over graft

    September 17, 2021
    Add A Comment

    Comments are closed.

    Top Posts

    Sex tourism: The Gambia is fed up with UK grandmothers hunting for toy boys

    September 19, 20223,240

    Op-Ed: Qatar World Cup 2022 – prejudice, coordinated attacks and Western grandstanding

    November 4, 20222,437

    Ghanaian architect of UK’s Black History Month honoured by prestigious British university

    December 12, 20221,356

    Nigerian appointed director of UN disarmament

    October 25, 20221,099
    Don't Miss
    Politics

    US Vice President Harris to address China’s influence and debt distress in Africa visit

    By Editorial StaffMarch 24, 2023480

    VICE President Kamala Harris starts a weeklong trip to Africa this weekend as the United…

    Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit

    March 24, 2023

    ‘Hotel Rwanda’ figure Rusesabagina to be released from prison -government source

    March 24, 2023

    Whole-genome sequencing reveals genetic structure, evolution of African populations

    March 24, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • YouTube
    • LinkedIn
    About Us
    About Us

    AfricaBriefing is a monthly magazine designed to provide news and information on Africa to Africans at home and abroad, and the wider global audience that has a committed interest in the continent’s political, economic and social developments.

    Facebook Twitter YouTube LinkedIn
    Our Picks

    US Vice President Harris to address China’s influence and debt distress in Africa visit

    March 24, 2023

    Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit

    March 24, 2023

    ‘Hotel Rwanda’ figure Rusesabagina to be released from prison -government source

    March 24, 2023
    Most Popular

    Sex tourism: The Gambia is fed up with UK grandmothers hunting for toy boys

    September 19, 20223,240

    Op-Ed: Qatar World Cup 2022 – prejudice, coordinated attacks and Western grandstanding

    November 4, 20222,437

    Ghanaian architect of UK’s Black History Month honoured by prestigious British university

    December 12, 20221,356
    © 2023 AfricaBriefing. Designed by KMG.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT