Publication: Navigating Beyond COVID-19: Airline Recovery and Regulatory Reform Opportunities in Southern Africa
Date
2022-09
ISSN
Published
2022-09
Author(s)
World Bank
Abstract
This policy paper explores airline
restructuring and regulatory reform challenges and
opportunities in the Southern African region with particular
focus on Botswana, Eswatini, Lesotho, Namibia and South
Africa. Prior to the COVID-19 pandemic crisis, the air
transport sector in the region faced multipronged
challenges, including those related to economic regulation,
profitability, safety, security, and sustainable financing
of critical infrastructure. Much like the rest of Africa,
the region is characterized by the dominance of troubled
state-owned airlines which have been unable to generate
meaningful positive returns for many years due to structural
inefficiencies and weak governance. They faced elevated
costs and needed several bailouts and turnaround strategies,
albeit unsuccessful.
Citation
“World Bank. 2022. Navigating Beyond COVID-19: Airline Recovery and Regulatory Reform Opportunities in Southern Africa. © Washington, DC. http://hdl.handle.net/10986/38192 License: CC BY 3.0 IGO.”