Fiscal slump forced African govts to halt repatriation of airlines profits
More facts have emerged on why foreign airlines’ $221m is still trapped in Nigeria, Angola and others. According to financial analysts, low oil and mineral prices forced government revenue down, caused chronic dollar shortages and immense pressure on local currencies….
Sub-Saharan Africa recorded rare zero passenger fatalities in 2016— IATA report
Contrary to earlier speculations, the International Air Transport Association (IATA) has reported that sub-Saharan African aviation sector had zero passenger fatalities in 2016. The latest report of the international body showed that the jet hull loss rates by region of…
