Africa to lose $37bn in GDP to troubled aviation sector

IATA: Global airline traffic to fall by 66% in 2020

4.5m jobs at risk due to COVID-19, travel restrictions _____________________________________ The African economy is set to lose an estimated sum of $37 billion to dwindling traffic and travel restrictions bedeviling the aviation sector of the region. The International Air Transport Association (IATA) warned that the damage being done to the African aviation industry and on economies by the shutdown of air traffic owing to the COVID-19 pandemic has deepened. According to new data published today (Thursday, October 1, 2020) by the Air Transport Action Group of which IATA is a…

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