The trend of soaring global airline profits is threatening to leave Africa behind, and a study suggests that the lack of liberalized air service agreements between African nations is playing a major role in suppressing the region’s markets. After posting collective net losses in the last two years—the only world region to do this—African carriers are on pace to return a net profit of $100 million in 2014 on a net profit margin of less than 1%. The other five world regions ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Better Bilaterals Would Boost African Airline Fortunes, Study Finds".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.