L News & Industry Affairs / AASA
L AASA News
Spotlight / 2023
- September 19. Africa signals post-pandemic shift away from widebodies
- August 24. AFRAA and IATA team on “Focus Africa”
- August 24. Implementation of e-Visas: South African Advance Passenger Processing (APP) - A Guide for Airlines
- August 21. A warm AASA welcome to our new Associate Member: Africa Standards and Certifications (ASC)
- July 26. AASA CEO: 'Governments are not always in agreement' with SAATM
- July 26. AASA CEO: 'The cost of air tickets in Africa is unsustainable'
- June 21. African airlines urged to realize AfCFTA by implementing SAATM
- June 20. IATA launches program to improve aviation safety in Africa
- June 16. AirlinePros becomes Associate Member of AASA
- June 16. AFCAC, AASA partner IATA on African aviation growth
- June 16. IATA’s Focus Africa to strengthen economic contribution
- June 15. AviaDev Africa 2023 Conference: Strategizing for Success
- June 14. AFCAC partners int’l airlines to boost intra-Africa flights
- June 9. TIFA: AASA CEO moderates Access, Connectivity and Mobility Opportunities panel
- June 8. IATA derides ACSA for high charges
- June 7. IATA lambasts ACSA and SA ATNS
- June 6. Aviation head takes aim at SA for upping airport charges despite 'inefficient' operations
- June 6. IAFCAC, AASA Join Forces with IATA on Focus Africa
- 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.