Prolonged lockdown put 149,400 jobs, revenue at risk - News Summed Up

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Prolonged lockdown put 149,400 jobs, revenue at risk


On the African continent, Nigeria is second to South Africa that has the likelihood of losing up to 300,000 jobs and $5.8 billion in aviation revenue. According to ICAO, Rwanda is among the first countries in the world to have fully complied with ICAO’s biosecurity recommendations. “We are grateful to the few African governments that have provided relief to aviation so far – Rwanda, Senegal, Côte d’Ivoire, Burkina Faso and recently Cabo Verde. Their actions have helped save thousands of jobs, and will enable some airlines to restart and support the wider economies they serve. We urge African governments and the development institutions who have committed funding to provide it urgently in a structure that does not weaken already stressed airline balance sheets, before it is too late,” Al Bakri said.


Source: The Guardian August 19, 2020 03:11 UTC



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