Air Travel Outlook Archives - Airspace Africa https://airspace-africa.com/tag/air-travel-outlook/ Latest news and insights from the aviation and travel industry in Africa Mon, 20 Jun 2022 07:57:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://airspace-africa.com/wp-content/uploads/2021/05/cropped-African-Airspace-Logo-Favicon-01-32x32.png Air Travel Outlook Archives - Airspace Africa https://airspace-africa.com/tag/air-travel-outlook/ 32 32 Africa Airline Industry Net Losses Expected at USD 700 Million for 2022, an Improvement. https://airspace-africa.com/2022/06/20/africa-airline-industry-net-losses-expected-at-usd-700-million-for-2022-an-improvement/?utm_source=rss&utm_medium=rss&utm_campaign=africa-airline-industry-net-losses-expected-at-usd-700-million-for-2022-an-improvement https://airspace-africa.com/2022/06/20/africa-airline-industry-net-losses-expected-at-usd-700-million-for-2022-an-improvement/#respond Mon, 20 Jun 2022 07:57:00 +0000 https://airspace-africa.com/?p=6831 The International Air Transport Association (IATA) announced an upgrade to its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the COVID-19 crisis quickens. Forecast highlights include: Industry losses are expected to reduce to -$9.7 billion (improved from the October 2021 forecast for an $11.6 billion loss) for a net [...]

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