Audio By Carbonatix
Coronavirus disruption could cost African airlines $40 million in revenue this year, a global industry body said on Wednesday, a potentially devastating hit to often struggling airlines counting on lucrative Chinese routes to fund expansion.
Airlines around the world have suspended or modified flights after the outbreak of the COVID-19 coronavirus, which began in mainland China late last year and has now spread to more than 60 countries around the world.
The global hit to the aviation industry is projected to be $29 billion this year - a 4.7% industry-wide drop in revenue per passenger kilometre, the International Air Transport Association (IATA) has said.
The blow to African airlines could be as much as $40 million, IATA’s special envoy to Africa, Raphael Kuuchi, said at an aviation conference in Addis Ababa.
IATA forecast in December that African airlines would make a loss of around $200 million this year, similar to 2019.
Chief Executive Officer of Ethiopian Airlines, Tewolde GebreMariam, Africa’s largest carrier, said the virus had slashed passenger demand.
Ethiopian Airlines has faced criticism online for not cancelling flights to China like neighbours Kenya, Tanzania and Rwanda.
“The air travel demand for Ethiopian Airlines has declined by 20% due to the corona,” Tewolde told Reuters.
“It is a big shock,” he told the conference.
On Tuesday, Kenya halted direct flights from Italy’s northern cities of Verona and Milan, which usually head to the Kenyan coast. Northern Italy has seen Europe’s biggest cluster of coronavirus cases.
Last month, Kenya Airways and RwandAir suspended all flights to and from China until further notice.
The World Health Organization has advised countries against banning flights.
Senegal confirmed a second case of the coronavirus on Tuesday, bringing the total number of confirmed cases in sub-Saharan Africa to three.
Latest Stories
-
2026 World Cup: The main target is to qualify from the group stage – QueirozÂ
3 hours -
Ghana versus Wales: The winners and losers from Black Stars friendly
4 hours -
Senaya, Ati Zigi stand out as Black Stars players rated against Wales
5 hours -
UBA engages Gold Board to deepen strategic partnership
5 hours -
The Future of Banking in Ghana: How fintech partnerships are driving financial inclusion
5 hours -
Stanbic Bank calls for responsible digital lending to protect Africa’s financial future
6 hours -
BoG fears inflation could inch above 10% by year-end due to rising crude prices
6 hours -
Minority slams “funfair and PR” evacuation, urges focus on stranded Ghanaians in South Africa
6 hours -
Deputy COCOBOD CEO for Finance, Ato Boateng, outlines new financing framework at Ghana-UK Investment Summit
6 hours -
Yirenkyi scores as Wales claw back to hold Black Stars in Queiroz’s first game
6 hours -
Access Bank Ghana accelerates growth agenda with strategic engagements in Kumasi
7 hours -
“If Anti-LGBTQ+Bill is a nullity, many Ghanaian laws would be affected too” – Majority Leader
7 hours -
Sam George, CID Boss throw support behind #3FacesofJeffreyNortey ahead of June 12 show
7 hours -
Bagbin’s directive should prompt review of Parliament’s legislative practices – Sammy Obeng
7 hours -
NPP hoped NDC would fail to pass Anti-LGBTQ+ Bill – Ayariga
8 hours