The report laid bare the business case for running an airline in Africa painting it as a loss maker as COVID-19 has closed borders and discouraged travellers. The IATA report says East Africa has lost 56% of its revenue and 53% of its passengers; West Africa 60% and 58%; North Africa 58% and 56% and Southern Africa 60% and 58%. IATA says it is so bad that African airlines actually pay $42 to transport every passenger they carry in 2020. CNBC Africa asked the man behind the report how long can African airlines last in the face of these losses. “Not long, not long.

Source: The North Africa Journal July 06, 2020 18:11 UTC