“Passenger airlines need to adopt a resilient strategy over the next two years and operate [fewer] aircraft, which can meet the travellers and network demand,” said Mr Sanjeev Gadhia, an aviation expert and chief executive officer of Astral Aviation. According the UN civil aviation agency, International Civil Aviation Organisation (ICAO), international air passenger traffic in the first three quarters of 2020 could drop by as many as 1.2 billion traveller — two-thirds. AVIATION SECTORTravellers will be key for revival of the aviation sector as they contribute significantly to the revenue of airlines. CORONAVIRUS CRISISThe coronavirus crisis has hit the global aviation industry hard, with African carriers expected to lose $6 billion in revenue this year. Since March, IATA has been warning of dire consequences for the sector if respective governments fail to support their flag carriers through financial bailouts.

Source: Daily Nation July 28, 2020 07:30 UTC