The latest figures from the International Air Transport Association (IATA) do not signal dazzling profits for African airlines. The continent is set to remain the weakest region in 2015, as in the past two years, and net after-tax profit will be $100 million for the continent’s airlines collectively. This represents just $1.59 per passenger, or less than a tenth of the predicted profit per passenger of their North American counterparts. Load factors are expected to average the lowest ...


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