Headline : Africa: RwandAir CEO Sheds Light On High Cost of Flying in Africa

Read more from the original article on here at allafrica.com.

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RwandAir CEO Yvonne Manzi Makolo has drawn attention to the financial difficulties faced by airlines operating within Africa. During the 79th Annual General Meeting and World Air Transport Summit organized by the International Air Transport Association (IATA) in Istanbul on Monday, June 5, Makolo highlighted the high operating costs and onerous visa requirements experienced by African airlines, resulting in increased travel expenses for passengers on the continent compared to other regions.

While acknowledging the aviation industry's recovery from the COVID-19 pandemic, Makolo emphasized that operational costs for African airlines remained exceptionally high, despite some reduction in fuel prices. She attributed these elevated costs to factors such as fuel prices, taxes, landing fees, navigation charges, and other operational expenses.

Makolo stressed the urgent need for cost reductions to achieve profitability and sustainability in the aviation industry, particularly as the sector endeavors to rebound from the impact of the pandemic.

According to a press release issued by IATA, jet fuel costs are projected to average $98 per barrel this year, which is lower than the $135 per barrel average in 2022. Nevertheless, African airlines continue to face challenges due to higher taxes and fees, landing costs, and other charges in comparison to their counterparts in Europe and the Middle East.

Read more from the original article on here at allafrica.com.

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