The Secretary General, African Airlines Association (AFRAA), Mr. Nick Fadugba says that only an effective air transportation can unlock the economic potentialities of Africa.

Speaking in an interview with newsmen in Abuja recently Fadugba said air transportation remained the only way the continent could integrate its economy with the rest of the world.

“There is no efficient road or rail transportation in Africa. Air remains the fastest, safest and efficient means of transportation.

“All over the world, there is no continent that is well-developed that does not have a vibrant air transport industry; it is the heart and the soul of the American economy,’’ he said.

Fadugba noted that an efficient air transportation also help to promote trade and tourism, but regretted that aviation industry had not been well developed on the continent.

“From available statistics, Africa has about three per cent of global travels. A lot still needs to be done to develop the industry,’’ he said.

The AFRAA scribe, who noted that the industry required a lot of capital, said most countries in Africa lacked the financial resources to maintain a viable air transportation system.

“If you look at AFRAA, the original members are Nigeria Airways, Ghana Airways, Air Afrique, Air Zaire, Zambian Airways, etc, where are they today?

“They have all gone into extinction and many more in Africa are still endangered.

“In Europe and America, the government bailed out the banks so that they could bail out the airlines,’’ Fadugba said.

He called for an intervention by the Federal Government to save airlines operating in the country from extinction.

“Nigeria airlines are financially distressed, they are finding it difficult to meet their obligations, and I think they are endangered.

“Airlines in Africa needs help to save them,’’ Fadugba said.

Mr. Nick Fadugba, the Secretary General of AFRAA told newsmen on Sunday in Abuja that 70 per cent of the more than 800 million people in Africa were transported to their various destinations by non African airlines.

He noted that the only way forward for African airlines to be strong and viable was for them to form an alliance to meet up with the challenges.

Fadugba suggested a joint venture for the airlines, adding that “if British Airways sees the need to merge, what about African airlines flying to Europe?.

“There are a few strong airlines in West Africa, they can merge to make a stronger joint venture,” he suggested.