The African airline industry faces profound operational and financial challenges, yet its role in national development means it must be assessed by more than profitability alone. The complexities involved in sustaining a viable aviation business, especially in Africa, are galore.
Aviation is one of the most regulated industries globally, with strict safety, security, environmental and economic standards. While these regulations are essential, complying with them comes at a significant cost. Further, the industry is highly susceptible to external shocks – economic downturns, pandemics, geopolitical tensions and shifting market trends – which often lead to sudden drops in demand.