Africa could earn Sh127b annually if it opens airspace

Africa stands to earn about Sh127.4 billion annually if it opens its air space by entering mutually beneficial international agreements, a trade association of the world’s airlines has said.

International Air Transport Association said that by opening up the air market, the continent is likely to attract more than five million passengers every year. IATA Director General Tony Tyler yesterday said Africa airspace has for long performed dismally despite its endowed potential.