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African airlines: How can financial losses be reversed?
High operating costs and a lack of flexibility are among the many reasons why African airlines are making financial losses says The International Air Transport Association's vice president for Africa, Raphael Kuuchi.
The IATA has projected that African airlines will post a collective loss of $100 million by the end of this year and a similar deficit in 2018.
(Image: A plane on the tarmac at Felix Houphouet-Boigny airport in Abidjan, Ivory Coast. Credit: AFP/Getty Images)
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