African airline revenues collapse amid COVID-19

African airline revenues collapse amid COVID-19

African airlines are said to be the hardest hit by the coronavirus pandemic that has affected carriers and global economies. Airline revenues have collapsed. Fleets are grounded. Extreme actions are being taken just to survive. The continent’s airlines are in the...
Nigeria’s Airports are an economic drain

Nigeria’s Airports are an economic drain

Nigerian airports constitute a huge drain on the purse of the Federal Airports Authority of Nigeria (FAAN). The airport authority manages 22 out of 23 airports that dot the country’s landscape. Eighteen of these airports are categorized as ‘unviable’. The poor...

African airlines’ traffic market share drops to 18%

African airlines are in dire straits and the carriers on the continent are small, weak, and fragmented.  Many African countries restrict their airspaces to prop up state-owned air carriers. That’s why it is notoriously difficult for private airlines to succeed in...