Home Latest NewsBusiness Smooth Transition of Power to Boost Airline Sector’s Post-Pandemic Recovery, Fly 748 Says

Smooth Transition of Power to Boost Airline Sector’s Post-Pandemic Recovery, Fly 748 Says

by Daily Trends

Just a day to the swearing in of President-elect William Samoei Ruto, renown airline Fly 748 services has noted that the just concluded peaceful elections and the anticipated smooth transition of power in government will boost confidence in airline sectors post-pandemic recovery.

In a press statement sent to newsrooms this morning, the airline’s Managing Director Moses Mwangi said these two factors will help travelers resume business and leisure activities faster to sustain an already strong momentum towards the sectors return to full recovery recorded in 2019.

“A relative calmness during the political campaign periods, peaceful voting process and a general positive sentiment from travelers and foreign investors in this years elections gives us confidence that economic activities will resume faster, giving a further boost to airline recovery prospects, said Moses Mwangi.

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Latest, International Air Transport Association (IATA) data shows African airlines are recording strong demand for passenger traffic since lockdowns and border restrictions begun easing late last year.

By June 2022, both domestic and international traffic remained strong with figures showing significant growth compared to those of 2021.

Africas International traffic rose with an increase of 103.6 percent over the year to June 2022, the recovery was around 35 percent below their 2019 levels. Similarly, total June 2022 domestic traffic across the globe was at 81.4 percent of the June 2019 level.

Fly 748 Chairman Ahmed Jibril noted that without disruptions in government transition, they expect the positive momentum to continue and hopefully airlines return to profitability as the country heads to high tourism season and as businesses begins rolling out long term activities.

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1 comment

Rutofied September 14, 2022 - 22:25

Ruto stole the elections.

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