L News & Industry Affairs / AASA
L AASA News
Spotlight / 2023
- May 29. A warm AASA welcome to our new Associate Member: AirlinePros International
- May 16. Aviation: Africa's passenger traffic 'expected to double over next 15 years'
- May 15. African open skies advancing
- May 13. [Aspen Institute UK Podcast of Webinar] The Future of Air Travel: flying green or staying grounded?
- May 11. Air Finance Africa Summit: Prospects for Southern Africa
- May 10. A warm AASA welcome to our new Airline Member: LIFT
- April 26. SACAA gazettes 6.40% increase to Passenger Safety Charge (EV) for 2023
- April 18. [Aspen Institute UK Online Webinar :: AASA CEO Panelist] The Future of air Travel: flying green or staying grounded?
- April 17. [AFRAA 11th Aviation Stakeholders Convention :: AASA CEO Panelist] Roadmap to fast-track the implementation of SAATM
- April 4. Count down begins for Africa’s Travel Indaba
- April 3. IATA’s “Focus Africa” to strengthen aviation’s contribution to African development
- April 2. [702 RADIO AASA CEO INTERVIEW] What are the reasons for the high cost of air travel in the SADC region
- March 31. 36 participants from AASA Member Airlines attend successful Business Solutions by AASA training session
- March 29. [SABC News :: WATCH] Calls for free travel across Africa to stimulate tourism and trade
- March 27. [WTM Africa Conference :: African Tourism Investment Summit :: 3 - 5 April 2023] AASA CEO addresses initiatives to liberalise civil aviation and boost intra-regional travel leading to symbiotic regional cooperation
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.