AUC: Leading Africa’s Aviation Change Amidst Crises

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  Africa is hoping for sustainable restart and recovery of the economy and aviation industry on the continent. H.E. Dr. Amani Abou-Zeid, Commissioner for Infrastructure and Energy of the African Union Commission (AUC), in this exclusive interview with Aviation & Allied Business explores efforts to drive Africa’s urgent objectives, including issues on vaccines and continental trade and transport liberalization.   …

IAG Cargo Reaches 10 Million Vaccine Milestone, As It Supports Crown Agents And UNICEF Complete Key Shipments For Vaccine Equity

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The International Airlines Group (IAG) said its cargo division has now transported over 10 million COVID vaccines, supporting global efforts in the fight against COVID-19. This includes a 4 million dose shipment to Abuja, Nigeria in collaboration with UNICEF and its COVAX initiative and 300,000 doses to Jamaica, donated by the UK government.   According to IAG, the Abuja shipment, …

Combined Market Cap of World’s Largest Airlines Plunges by $12B as COVID-19 Cases Climb

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Airline companies are still far from pre-pandemic profit and sales as some of their businesses, like business travel, are not even comparable to normal levels. However, the growing number of COVID-19 cases, fears of new travel restrictions due to Delta variant and concerns about the economic recovery caused a new hit to airlines stocks. According to data presented by BuyShares.co.uk, …