African airlines are estimated to have lost at least $8.6 billion in revenues in 2021, as stringent Covid-19 measures continued to cause turbulence in the market. The loss is almost half the revenues the airlines earned in 2019.
The African Airlines Association (Afraa) released the estimates on Wednesday, even as it blamed governments for placing stringent travel advisories, that have left airlines in the continent struggling with operations and cash flows.
