In a panel session at AviaDev conference on 13 June in Zanzibar, AFRAA Secretary General, Mr Abderahmane Berthé highlighted the key areas for Navigating Rising Costs, Financial Hurdles and Supply Chain Challenges for African Aviation
Finance performance and airline strategy
Financial performance to ensure revenues cover operating costs, support the airline’s sustainable expansion, and achieve financial stability, which is vital to instilling confidence in investors.
Collaborative agreements and consolidation with other airlines can have a positive impact on an airline’s network, route offerings, and customer reach, potentially reducing costs and influencing financial performance.
Equity partnership can raise capital to support airline expansion.
AFRAA position on taxes and charges: Removal of customs duties for Aircraft and Aircraft spare parts. Harmonisation of customs clearance processes to make them efficient.
Regulatory Compliance Challenge: Air Transport is highly regulated. Compliance with regulations is essential. Changes in regulations or the introduction of new rules may necessitate significant operational adjustments, which could result in additional costs.
