L News & Industry Affairs / AASA
L AASA News
Spotlight / 2023
- November 27. Closed markets, high costs hurting Africa airlines more
- November 24. IATA: Namibia clean as a whistle
- November 20. AFRAA AGM: Liberalised market via SAATM is a slow process
- November 15. African Air Transport: Keyamo calls for speedy Implementation of Yamoussoukro Decision
- November 10. [WATCH CNBC Africa CEO Interiew] Airlines body roots for faster implementation of SAATM
- October 12. African govt’s to open aviation markets to address poor intra-African air connectivity
- October 12. AASA proposes measures to strengthen infra-Africa connectivity
- October 12. A warm AASA welcome to our new Associate Member: DPO Pay
- October 11. AASA calls for visa-free travel in Africa
- October 10. AASA elects next term’s Chairpersons
- October 9. Regional airlines turbulent on economic growth
- October 9. Southern African airlines body elects its leadership for next year
- October 8. Time to address ‘embarrassingly low’ intra-African air connectivity, airline body chief says
- October 7. AASA’s 2023-24 Chairperson and Deputy Chairperson elected
- October 6. Southern African airlines hindered in supporting economic growth - AASA proposes remedies
- May 11. Air Finance Africa Summit: Prospects for Southern Africa
L News & Notices / 2023
Africa Aviation Summit: Air Finance Africa Conference & Exhibition
Air Finance Strategies for Recovery and Growth
10 - 12 May 2023 | Johannesburg, South Africa
Prospects for Airline Co-Operation and Consolidation in Southern Africa
11 May 2023. Edited from Romuald Touembou Ngueyap's LinkedIn post at the event.
Aaron Munetsi, AASA CEO, presented his views on finance strategies for recovery and growth, and the propects for airline co-operation and consolidation in Southern Africa at this year's African Aviation Summit - Air Finance Africa.
Highlights
- Africa contributes only 2,1% of Aviation market share (2022).
- 12 African states do not have international flights by African carriers.
- 15 African states have carriers only serving intra-African routes.
- Only 5 African states have more than 100 international flights daily.
- Only 4 African states have more international destinations than within Africa.
- Among 51 Africa carriers, only 3 were cash-positive with 1 profitable (2019).
- 36 African Union Member States are current signatories of the SAATM Solemn Commitment. This represents 80% of Africa's market: 42 airlines.
- AFCAC launched the SAATM Pilot Implementation Project (PIP) intending to accelerate the implementation of the YD and SAATM commitment. PIP has 19 African states involved to-date.
- By 2030, if SAATM is well-implémented, it could lead to 200 new City pairs, 12% global traffic growth, and 15% tourism increase.
SAATM is not just about African carriers getting fifth freedom rights – it’s also about the economic benefits for the member states through the establishment of intra-African networks. Aaron Munetsi, AASA CEO
Mr Munetsi urged that now is the time to seize the opportunity to reset:
- Airlines should be included in the formulation of policy, regulations and infrastructure development.
- A progressive and dynamic regulatory framework will enhance the business environment.
- Reduce and/or elimate excessive taxes and charges.
- Encourage collaboration and airline alliances, codeshares, Special Prorate Agreements (SPA), interline, joint-ventures and mutually beneficial commercial agreements.
- Investment in aviation infrastructure, development, technology and maintenance.