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Africa to launch single air transport market in 2018


July 6, 2017. AllAfrica.com news. An African single air transport market will be launched in January 2018, with 40 plus countries expected to be signatories by then. So far, 20 African countries out of 55 have subscribed to the African single air market. This was announced by David Kajange, the head of the Transport and Tourism division at the African Union (AU) on the sidelines of the 29th African Union Summit, held in Addis Ababa, Ethiopia from 27 June to 4 July 2017. 


African Union's Agenda 2063 goals


A single air transport market is one of the goals of African Union's Agenda 2063, aiming to connect Africa through aviation and other transport infrastructure to achieve integration and boost intra-Africa trade. The single air transport market also aims to boost African nations' tourism, economic growth, and economic development. Kajange said Africa became the most expensive air transport market in the world because of individual nations' policies and regulations that hinder air connectivity.


According to Euroavia International, a firm specialising in consulting services for airports and aviation industry, air transport in Africa is on average twice as expensive as the world average.


An African Open Skies vision has been there since the 1980s, culminating in the adoption of the Yamassoukro Decision of African Heads of States of November 14, 1999. However, between 2004 and 2014, despite sustained economic growth on the continent, an increasing business and tourism sector and growing middle class, the market share of African airlines has dropped dramatically.


The loss of market share by African airlines has been estimated by the AU to have been from 60% to below 2%.


For more information about the AU's Agenda 2063, visit the African Union Specialized Technical Committee on Transport, Intercontinental and Interregional Infrastructures, Energy and Tourism- Transport and Tourism Documents center from the meetings and sessions held to-date.

Article source: www.bizcommunity.com/Article/410/389/164307.html

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