African Union, IATA Sign MoU on Air Transport

The International Air Transport Association (IATA) and The African Union Commission (AU) signed a Memorandum of Understanding (MoU) to expand strategic cooperation to further the continent’s economic and social development with the benefits of safe, efficient and sustainable air transport in Africa.
The MoU was signed by Tony Tyler, IATA’s Director General and CEO and AU’s Commissioner for Infrastructure and Energy, Dr. Elham Mahmoud Ahmed Ibrahim.
The MoU focuses on the exchange of information, expertise and capabilities in a number of areas including:
· Enhancing security through intelligence-driven, risk-based measures
· Enhancing safety
· Reducing accident rates in line with global levels of performance
· Promoting connectivity
· Facilitating collaborative decision making in air traffic management
· Improving the passenger experience through the deployment of IATA’s Fast Travel Program, a suite of projects designed to give passengers more control over their journey through a range of self-service options.
“Africa is set to be one of the fastest-growing aviation regions with 5% annual growth forecast over the next 20 years. Achieving this potential will not happen by chance; strong partnerships are key. This MoU will help ensure that global standards and best practices form the backbone of Africa’s growth as well as position the continent’s 54 nations to promote economic and social development by unleashing the full power of aviation. I congratulate Dr. Ibrahim for her leadership, vision and foresight in driving aviation development in Africa,” said Tyler.
“IATA is a strategic partner in the growth of African aviation. This MoU will commit our two organisations to even closer cooperation on the priorities for African aviation. In particular, we count on IATA to partner with us by providing the requisite technical support in the establishment of the Single African Air Transport Market as part of our long-term vision in the context of the AU Agenda 2063. We are, indeed, dedicated to global best practice as a fundamental for sustained growth in aviation in Africa,” said Dr. Ibrahim.
The MoU paves the way for further development in African aviation. The industry already supports 6.8 million jobs and generates $72.5 billion of economic activity on the continent.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

emPLE Bolsters Capital Capacity, Customer Confidence after Securing NAICOM Recapitalisation Mandate

emPLE Nigeria has strengthened its capital position following the...

T+1: SEC Insists on 5pm Settlement Deadline for Equities, Commodities on CSCS Platform

The Securities and Exchange Commission (SEC) has fixed 5:00...

Tinubu: Refineries Will Return to Deliver Profit, Welcomes Support by NUPENG

President Bola Ahmed Tinubu said in Abuja refineries will...

NRS Chair: Report of $279m Frontier Exploration Fund Transfer is Fake News

The Executive Chairman of the Nigeria Revenue Service (NRS),...

Former CFI: Regulatory Concession on Recapitalisation Will Undermine Integrity of the Process

The former Commissioner for Insurance/CEO, National Insurance Commission (NAICOM),...

Topics

CTO calls for specific goals and targets for ICTs in post-2015 development agenda

Venue: LONDON, Time: 20 OCTOBER 2014 Following consultations with its...

NAFDAC: Emergence of Four New Units Strengthens Fight Against Fake Drugs

The National Agency for Food and Drug Administration &...

IMF Projects 3.9% Global GDP in 2018, 2019

The upturn in economic growth prospects for the global...

Ifeoluwa Abiodun Emerges Winner of 2016 NSE Essay Competition

Miss Ifeoluwa Toluwanimi Abiodun, a 14 year old student of Babington Macauley Junior Seminary, Ikorodu, Lagos State, has emerged the winner of the 2016 edition of the NSE Essay Competition for Senior Secondary Schools students in Nigeria.

Dangote: Strong Financials, Cement Sufficiency, African Expansion

Strong Organic Growth in Revenues and Profits The results...

The Trouble with Nigeria’s Healthcare System

By Michael Owhoko, Ph.D The quality of a country’s healthcare...

NGX Group Applauds German Govt, DEG for Commitment to Sustainability

Nigerian Exchange Group Plc (NGX Group) has lauded the...

Insurance Capital: U.S. Federal Reserve Meets Today

The U.S. Federal Reserve will hold an open meeting...
spot_img

Related Articles

Popular Categories

spot_imgspot_img