Aviation holds promise of 88 000 local jobs

2013-05-16 08:38
Johannesburg - South African Airways will be hosting the International Air Transport Association’s (IATA) Annual General Meeting in Cape Town in June and plans to highlight how aviation can benefit the African continent and the pan African economy as a whole.

The national carrier said in a press release that it expects the economic benefit of its group operations to total close to R1 trillion over the next 20-years.

South African Airways is part of the Star Alliance and has just signed a code share agreement with United Arab Emirates and Etihad Airways to increase its flight route reach by 26 new destinations.

 “This estimated economic benefit is based on direct and indirect growth and a forecast employment creation of 88 000 South African jobs across all sectors including tourism, foreign direct investments, goods and services,” Acting Chairperson Ms Dudu Myeni said in the release.

“Overall growth within Africa’s aviation industry is expected to exceed 6% in the next twelve months and the continent’s GDP forecast at 5% growth indicates a robust aviation sector, “said Myeni

 “With growing world interest in Africa’s rich mineral and agricultural resources as well as increased stability in the region, the stage is set for a giant leap forward in development and upliftment of the continent. Aviation will play an integral role as a socio-economic enabler during this process. ”

Led by the Shareholder Minister, the Honourable Minister Malusi Gigaba and supported by SAA’s Acting CEO, Nico Bezuidenhout, the SAA delegation at the IATA AGM will lead a conversation on the continental airlift and the Yamoussoukro declaration – the declaration aims to liberate African skies through enabling policy that allows African airlines to better work together and maximise flight routes across the continent.

"Now more than ever, the opportunities for air transport to drive social and economic development in Africa, and indeed for airlines to make money in that part of the world, will be more sharply brought into focus. So our discussions will strike a balance between both the challenges and opportunities," said Tony Tyler, IATA
Director General & CEO.

SAA will host the 69th IATA AGM between 2-4 June in Cape Town at the Cape Town Convention Centre. The event sees the attendance of all spheres within the air transport industry and includes airlines, governments, regulators, regional airlines associations, airports, ANSPs, manufacturers, IT providers, major media outlets and key industry stakeholders.

Read more on:    flights  |  good news  |  travel international  |  aviation
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
4 comments
Add your comment
Comment 0 characters remaining
 

Inside Travel

 
/Fashion
 

6 life hacks you simply have to know

A few simple tricks can make your life so much easier!

 
 

For chic geeks...

Device lets disabled people talk through their nose
It’s THIS easy for someone to steal your ATM pin!
This is why you should install iOS 8
17 photo illusions that look so real
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.