Regulation, infrastructure trip up African airlines – Iata

Sydney – African airlines continue their very slow emergence from a low point in 2014 when they made a collective $900m loss, the International Air Transport Association (Iata) announced at its recent 74th annual general meeting in Sydney.

Since the 2014 low point their losses continued at about the $100m level each year. Since 2017 losses were less due to traffic, especially cargo transported to Asia, picking up.

The net loss per passenger among African airlines has also improved in 2018 to $1.55 from $1.66 in 2017.

“We did not see the improvement among African airlines that we have seen elsewhere,” Brian Pearce, Iata’s economist, told Fin24.

In his view, regulation and infrastructure are some of the main causes for airlines on the continent not performing well.

The low load factor is…

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