African airlines are projected to make a combined loss of Sh864 billion ($8 billion) at the end of this year as the emerging variants of Covid-19 and travel restrictions continue to take their toll on aviation sector.
The African Airlines Association (AFRAA) says the losses will be 47.2 percent of the full year 2019 airlines’ revenue with the industry income expected to be hit as the Covid-19 cases continue to rise globally.
