ICAO Hails Single African Air Transport Market

The International Civil Aviation Organisation (ICAO) has hailed the official launch of the Single African Air Transport Market (SAATM), noting that it represents a historic milestone for Africa and Africans.
The President of the ICAO Council, Dr Bernard Aliu made the statement while addressing African leaders at the 30th African Union (AU) Summit in Addis Ababa, Ethiopia.
A copy of his address was made available to newsmen in Lagos last Tuesday.
The SAATM is a flagship project of the African Union Agenda 2063.
Aliu said: “This new and more liberalised air service framework stands to deliver tremendous new economic benefits and potentials to this continent.
“And by steadily enhancing regional and global connectivity continent-wide, air transport has continued to foster economic growth in Africa in terms of enhanced travel and tourism and other vital trade activities.”
Referring to the lower than expected rates of connectivity and competitiveness still persisting regionally, Aliu noted that aviation supports almost seven million jobs and generates more than 72 billion dollars in Gross Domestic Product (GDP) in Africa.
“Let us acknowledge, therefore, that with this launch of SAATM, we are taking together a very major step in enabling the Yamoussoukro Decision’s fuller potential, and in concretely advancing the implementation and objectives of the AU Agenda 2063.
“Certainly, the 23 States which have signaled their early participation in this new market will be reaping the initial and quite significant socio-economic benefits it will help to deliver,” he said.
According to him, the SAATM will also foster the realisation of Agenda 2063 and the attainment of the UN Sustainable Development Goals adopted under Agenda 2030.