×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Ailing African airlines stare at Sh20b losses

African airlines are expected to continue their loss-making streak this year as they grapple with high taxes and volatility in oil prices.

The International Air Transport Association (Iata) said in a new report that the region would post the weakest performance in the world, with airlines projected to turn a loss of $200 million (Sh20 billion).

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in