International Air Transport Association (IATA), the World Tourism Organization (UNWTO) of the United Nations, the World Travel & Tourism Council (WTTC), the African Airlines Association (AFRAA) and the Airlines Association of Southern Africa (AASA) have launched an appeal to international financial institutions, country development partners and international donors to support Africa´s Travel & Tourism sector, the organizations said.
Africa´s Travel & Tourism sector employs 24.6 million people on the African continent. Without urgent funding, the COVID-19 crisis could see a collapse of the sector in Africa, taking with it millions of jobs. The sector contributes USD 169 billion to Africa´s economy combined, representing 7.1% of the continent´s GDP.
The organizations are jointly calling on international financial institutions, country development partners and international donors to support the African Travel & Tourism sector through these tough times by providing USD 10bn in relief and access to grant-type financing and cash-flow assistance.
IATA (International Air Transport Association) represents some 290 airlines comprising 82% of global air traffic.
The African Airlines Association, (AFRAA), is a trade association of airlines from the member states of the African Union (AU).
AASA´s members include all of the domestic airlines in South Africa, most airlines in the SADC region and the Indian Ocean islands, many of the region´s major airports, ground handling companies, aircraft and engine manufacturers, fuel suppliers and air navigation service providers.