Would you like to receive notifications on latest updates of the following headlines?

African Aviation Forum Exposes Why Continent's carriers Not Thriving

POSTED ON April 25, 2024 •   Business      BY Abiodun Saheed Omodara
Ethiopian Airlines l Credit: BBC l Source: bbc.com

The Ethiopian Airlines' Group Managing Director, Mesfin Tasew, says "There is no conducive environment for African airlines to flourish and grow." 

He stated this during the ongoing African Aviation MRO Africa in Addis Ababa, Ethiopia with the theme: ‘Strengthening Africa’s MRO and Training Capacity for the Future’. 

Tasew said that the challenging situation faced by numerous airlines in Africa is due to the absence of a favorable environment for the growth of the continent's carriers. 

At the panel discussion moderated by the convener of the summit and the Chief Executive Officer of African Aviation Services Limited, Mr. Nick Fadugba, Tasew took a swipe at the manner some African nations protect their carriers when they are signatories to the Single African Air Transport Market (SAATM) which liberalises air transport in the continent and helps to ease travel connections within the region.

“The cost of operation in Africa is very high; high taxes and very low level of infrastructure and a lack of access to Forex. That is the reason Nigerian airlines complained to the government to assist them access Forex to buy spare parts."

READ ALSO
SERAP demands suspension of CBN's ATM fee increase as legal case unfolds
BY Abiodun Saheed Omodara March 3, 2025 0

LAGOS,Nigeria - The Socio-Economic Rights and Accountability Project (SERAP), a non-profit organizat...

READ ALSO
Scam Alert: N329m lost in BVN fraud as agents register static images
BY Abiodun Saheed Omodara March 2, 2025 0

Fraudsters have stolen N329 million by utilizing static images to register for Bank Verification Num...

READ ALSO
S’Africa support Tshabalala's candidacy for AfDB, aiming for economic transformation
BY Abiodun Saheed Omodara February 28, 2025 0

The government of South Africa has shown its support for financial strategist and former Senior Vice...

READ ALSO
Dangote slashes petrol prices again, offering relief to Nigerians
BY Abiodun Saheed Omodara February 27, 2025 0

Dangote Petroleum Refinery & Petrochemicals has reduced the price of Premium Motor Spirit (PMS),...

READ ALSO
Tinubu's call for investment sparks concerns in Belgium over future oil trade
BY Abiodun Saheed Omodara February 26, 2025 0

Belgium has expressed concerns regarding the possible loss of a significant share of its petroleum p...

READ ALSO
Anambra assembly voices concerns over Onitsha drug market closure impacting local economy
BY Abiodun Saheed Omodara February 26, 2025 0

ANAMBRA, Nigeria (NAN) - The Anambra House of Assembly has adopted a resolution urging the National...

READ ALSO
Consumer protection agency challenges MultiChoice over unilateral price increases
BY Abiodun Saheed Omodara February 26, 2025 0

The Federal Competition and Consumer Protection Commission (FCCPC) has called on MultiChoice Nigeria...

READ ALSO
Ogun secures $2.5bn livestock investment from Brazilian giant JBS
BY Abiodun Saheed Omodara February 24, 2025 0

Ogun State is poised to benefit from a $2.5 billion investment in livestock production from JBS, a c...

OUR CHANNELS:

NDLEA nabs Angolan Tycoon with 120 pellets at Kano Airport
BY Abiodun Saheed Omodara March 2, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has apprehended a 42-year-old Angolan businessman,...


Chief Imam urges Muslim Men to support wives during Ramadan
BY Abiodun Saheed Omodara March 3, 2025 0

The Chief Imam of Ajiyobiojo Central Mosque in Ilorin, Kwara State, Saheed Ajiyobiojo, has urged Mus...


Inflation Surges: Nigerians advocate for policies to support economic stability and growth
BY Abiodun Saheed Omodara March 3, 2025 0

Nigerians have urged the federal government to put in place effective measures to curb inflation and...


WHO urges African governments to take charge of their healthcare system
BY Abiodun Saheed Omodara March 2, 2025 0

ABUJA,Nigeria - The Acting Regional Director of the World Health Organization (WHO) for the Africa R...


Scam Alert: N329m lost in BVN fraud as agents register static images
BY Abiodun Saheed Omodara March 2, 2025 0

Fraudsters have stolen N329 million by utilizing static images to register for Bank Verification Num...


FG launch Alau Dam with 80bn reconstruction fund
BY Abiodun Saheed Omodara March 2, 2025 0

Borno, Nigeria (NAN) - The federal government, through the Federal Ministry of Water Resources and S...


I will do everything possible’ to ensure Karaduwa State creation- Deputy Senate President
BY Abiodun Saheed Omodara March 2, 2025 0

Deputy Senate President Barau Jibrin expressed his backing on Saturday for establishing Karaduwa Sta...


UAE declares march 1 as start of Ramadan 2025
BY Abiodun Saheed Omodara March 2, 2025 0

In a significant announcement, the United Arab Emirates' Ramadan Crescent Moon Sighting Committee ha...


JUST IN: Supreme Court nullifies Rivers council election, dismissing 23 APP chairmen
BY Abiodun Saheed Omodara March 3, 2025 0

RIVERS, Nigeria - Five months following the Rivers State Council election, the Supreme Court has dis...


Meranda denies police claims of full security restoration
BY Abiodun Saheed Omodara March 2, 2025 0

The Speaker of the Lagos State House of Assembly, Mojisola Meranda, has disclosed that the Nigerian...


More Articles

Load more...

Menu