The International Air Transport Association said the aviation sector is still recovering from losses of the pandemic which crippled flight operations globally.
Africa lost an estimated $7.7bn in the aviation sector in 2020 as restrictions were put in place by governments to combat the spread of COVID-19, leading to a drop in traffic.
IATA estimated that Nigeria lost about N21bn monthly during the outbreak. Analysts said it would take until 2024 for the situation in the aviation sector to improve and return to 2019 levels.
AITA’s Regional Vice-President, Africa and Middle East, Kamil Alawadhi, at the 55thAFRAA Annual General Meeting, warned governments to desist from seeing the aviation sector as cash cows if the sector must harness its growth potential.
