African airlines projected to lose $8.5billion this year amid slow recovery
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African airlines projected to lose $8.5billion this year amid slow recovery

Africa’s aviation sector is struggling to hit pre-pandemic levels, with airlines projected to lose revenues worth $8.5 billion in 2021 due to ongoing travel bans and limited domestic travel. However, the figure represents a slight improvement from the year before when losses mounted to $10.21 billion. According to the African Airlines Association (AFRAA), the poor…