The aviation sector is facing a crisis unlike any other in history, yet a path to recovery remains. As we have previously discussed, sector losses totalled US $118 billion in 2020, with demand down 65,9% compared to 2019. Amid this fallout induced by the COVID-19 pandemic, airlines have begun clawing back towards profitability, albeit gradually […]

Tourism is highly reliant upon aviation to transport customers to their locations, and through tourism economic spend, jobs are created, poverty alleviated and in the case of eco-tourism, conservation initiatives receive vital revenue. A host of industries operate either up or downstream through aviation within the tourism sector alone, while air freight is a vital […]

In this installment of Letsema Talks, we speak to Rowan McDonald, CEO of Letsema Corporate Finance about the crisis within the aviation sector. In our discussion, Rowan breaks down the significant financial challenges facing the sector at large, especially airlines, the subtle differences between private and state-owned airlines, and how airlines are attempting to anticipate […]