AFRICAN airline claim they lost US$10.21 billion in revenue last year because of the Covid crisis, reports Tanzania's daily Citizen.
The sharp fall in revenues followed travel restrictions imposed on the global aviation industry and the resulting travel cancellations.
The tourism sector was the major casualty which saw the East african Community (EAC) bloc losing $4.8 billion in projected tourist receipts, said the report.
This was revealed in Kigali by East African Business Council executive director John Bosco Kalisa, during a meeting with the private sector stakeholders in the Rwanda capital.
In order to pave the way for recovery, he suggested the reduction of air travel-related fees and taxes.
This would reduce the cost of air travel in the East African Community (EAC) and attract more global travel by tourists and the business community, he said.
The sharp fall in revenues followed travel restrictions imposed on the global aviation industry and the resulting travel cancellations.
SeaNews Turkey
The sharp fall in revenues followed travel restrictions imposed on the global aviation industry and the resulting travel cancellations.
The tourism sector was the major casualty which saw the East african Community (EAC) bloc losing $4.8 billion in projected tourist receipts, said the report.
This was revealed in Kigali by East African Business Council executive director John Bosco Kalisa, during a meeting with the private sector stakeholders in the Rwanda capital.
In order to pave the way for recovery, he suggested the reduction of air travel-related fees and taxes.
This would reduce the cost of air travel in the East African Community (EAC) and attract more global travel by tourists and the business community, he said.
The sharp fall in revenues followed travel restrictions imposed on the global aviation industry and the resulting travel cancellations.
SeaNews Turkey
