Rwanda to Host 2019 Aviation Africa Summit

The 4th edition of Aviation Africa Summit which is scheduled for 27th to 28th February, 2019 at the Kigali Convention Centre.

The 2019 Aviation Summit Kigali will be convened for two-days and is structured to incorporate presentations, panel discussions on trendy subjects in aviation with the view of ultimately charting ways of boosting business across African continent with huge opportunities and latitude to develop.

The Conference will also bring together suppliers of a full range of aviation products and services, and potential customers for purposes of networking, knowledge sharing and forging of mutually beneficial business relationships.

With more closed skies in Africa the aviation industry is expected to post a cumulative consecutive annual losses of $100 million in 2018, after posting a collective net loss of $100 million in 2017, according International Air Transport Association (IATA) reports.

To finance these foreseen operations Rwanda plans to raise its net lending budget by Rwf18.9 billion from Rwf159.1 billion in the original budget to Rwf 178 billion.

The increase will finance Rwanda’s national carrier Rwandair expansion as well as the restructuring of its investment in Marriot hotel Kigali.

Rwandair has announced plans to start flying to Ethiopia starting April 2019 despite financial turbulences in the aviation industry.

This is part of the airlines ambitious expansion despite struggling with making profits in the aviation sector among other countries in Africa.

Also Rwandair has planned on flying to Guangzhou, Tel Aviv, Bamako and Conakry and entering the U.S market with flights to New York.