As Africa continues to progress toward deeper economic integration, aviation plays an important role in connecting the market and promoting trade throughout the continent. Ethiopia Airlines, the largest airline in Africa, is led by an increase in regional connections and supporting a single African Aviation Transport Market (SATM). Despite the great potential in the African aviation market, policy bottlenecks and fragmented regulations are slowing in progress. In an exclusive interview with AKINKUMI Obakeye in CNBC Africa, CEO of Ethiopia Airlines, Mesfin Tasew Bekele, shared insight on airline missions that connect the continent and issues facing this goal. Ethiopia Airlines has been a mission focusing on contributing to the economic development of Africa since its founding. For many years, airlines have expanded their networks throughout the continent and are currently linking 61 cities in 40 countries in Africa. BEKELE will further enhance this network with the aim of establishing airlines in various areas in Africa in cooperation with other African governments and investors, with the aim of providing both domestic and regional connectionability. I emphasized the plan. CEO emphasized the importance of collaboration in achieving unified markets in the aviation industry. BEKELE also shed the importance of partnerships with the African government as well as the private sector when promoting continental growth. The government's ownership of airlines often cause concerns about efficiency, but Ethiopia Airlines is well operated as a state -owned company with private companies. The airline aims to ensure success and efficiency by bringing professional management to the operation of the airline through partnerships with the African government. Regarding investment in air sector, Bekele emphasizes a strong relationship with Ethiopian Airlines with financial institutions and banks. The airline has consistently secured funds for the purchase of aircraft, indicating excellent creditworthiness and the ability to repay loans. BEKELE emphasizes the importance of developing solid projects, demonstrating its feasibility, and introducing the possibility of investment rates for attracting funds from various information and resources, including African financial institutions. I did. Regulations provide important issues for the aviation industry in both global and African continents. Bekele pointed out that air regulations are essential for safety and compliance, but other government policies, such as tax issues and traffic rights, hinder the efficiency of airlines operated in Africa. He emphasized the need for the African government to reconsider tax policies and prioritize free movements in the continent to increase the connection. In conclusion, Bekele expressed optimism about forums like African prosperity network (APN), gather government officials and industry leaders, overcome issues, and move forward in African Market Agenda. I cooperated. He emphasized the importance of face -to -face discussions to exchange ideas, identify problems, and explore solutions that can be easily implemented. Bekele believes that such a forum plays an important role in promoting Africa's efforts to create unified markets in the aviation industry.
