Page 6 - World Airnews Magazine November 2020
P. 6

FLAREPATH



































                                          UNBLOCK THE FUNDS



                                                                                          By Heidi Gibson


                                                                               pen soon 4.5 million jobs will be lost in the
                                           recovery will only really begin in 2023.  aviation and related industries – well over


                                             In the Middle East, the situation is even
               S the rest of the world faces a   worse. Here IATA is projecting passenger   half of the region’s level of employment.



       Asecond waves of Corona virus in-   numbers to drop to  45% - a further 15%   In the aviation specific sector 172 000 jobs


        fections, the situation among aviation and   lost in recent months. This translates to 60   are at risk or 40% of the total 440 000

                                                                               aviation jobs.

        related industries in Africa and the Middle   million passengers as opposed to the 203
                                                                                The GDP for the region will lose $37
        East is worsening.                 million that usually travel.        billion.
         We are lagging behind the rest of the   Looking forward to next year for the Mid-
                                                                                “These numbers tell the story. They con-
        world’s recovery and – if something does   dle East demand is expected to strengthen   tinue to touch everyone’s lives,” he said.

        not happen soon – we could see further   to 45% of 2019 levels with passenger num-

        collapse of airlines and a great reduction   bers increasing to 90 million passengers.  “So what is the solution? Governments


        in GDP. Already Cape Verde airlines has   “However these forecasts are dynamic,   must come together in a unified harmon-

        ceased operations, the future of SAA hangs   can change and are greatly impacted by   ised way. They have to unblock the funds

        on a lifeline promise by government, SA   government decisions, “ said Albakri.  so that everyone can benefit.”

        Express has been placed in in provisional   He said the recovery for the Middle   Governments must replace quarantine

        liquidation and Comair have also ceased   East will not come before 2024 – one year   measures with testing. While African bor-




        operations but might be revived after a   behind Africa.               ders have opened up quarantines are still

        private investor has shown interest. Air                               in place and this is the same as having the

        Mauritius went into voluntary administra-  Restoring air connectivity is vital to   borders closed.



        tion soon after the crisis hit and several   restart the industry. He called on African   “We have to move away from this and



        other airlines in the region remain in seri-  nations to come together and in a joint   into scalable, affordable rapid testing.


        ous financial crisis.              effort to remove all hurdles, road blocks   Preferably done before the passenger
                                           and to move to unblock the much- needed

         In his monthly briefing to the press IATA   funds pledged by organisations and banks   leaves and not at arrival. This will ensure no


        regional vice president Muhammed Albakri   in February.                transportation of covid cases,” he said.

        painted a bleak picture. Projections for the                            He said the World Bank had pledged

        number of passengers has been downgrad-  Millions of African aviation and related   $12million to help Africa governments get

        ed further with the forecast of traffic flows   jobs are at risk. If something does not hap-  ready to receive  the vaccines. These funds


        for Africa now sitting at 30%  of last year‘s                          are to be used to upgrade facilities, pro-



        levels. In July a few months prior to this                             cesses, to be able to receive and distribute

        Albakri and the IATA team were projecting                              the vaccine down the line.

        somewhat optimistically that we would                                   He ended on a positive note following the


        reach 45% of last years’ levels.                                       Jordan and Israel air space agreement that


         This translates to a meagre 45 million                                would for the first in a long time allow the

        passengers compared to 155 million from                                free movement of aircraft across air space.
        last year. While demand is expected to in-                              This historic agreement will go a long
        crease next year projections are that Africa                           way help reduce cost, flight time and most



        will only reach 45 % levels of last year and                           importantly – reduce CO² omissions. Q
                                             World Airnews | November / December 2020
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