The Managing Director of ASKY Airlines, Mr. Esayas WoldeMaria has said that the major reason Africans pay high airfares is because governments charge exorbitant taxes on air travel. Incidentally, despite the huge taxes, governments are reluctant to modernize airport and travel infrastructure, hence the low development of air transport in most part of Africa. Mr. WoldeMaria said airlines […]
The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017, but posited that African airlines despite this improvement would incur a loss of $100 million next year. This is contained in IATA 2018 forecast made available […]
African’s largest cargo operator, Ethiopian Airlines, has won ‘Cargo Airline Award for Network Development’ at the tenth anniversary of the Brussels Airport Aviation Awards held on March 9, 2017. The airline explained that the Network Development Awards are presented to airlines that have developed new routes or achieved a remarkable growth in passengers or […]
