THE Civil Aviation Authority (CAA) has warned that increasing the prices of Jet A-1 fuel would have adverse effects on the operational costs for the airline industry.CAA has therefore welcomed the non-increment of prices on Jet A -1 fuel as announced by the Energy Regulations Board recently, describing the decision as bold.CAA Board Chairperson Patrick Nkhoma, said increasing the prices of Jet A-1 fuel would affect the operational costs for the airline industry and ultimately increase the cost of doing business.“If the present challenge of aviation fuel is not fully addressed, we would have a situation where airlines’ profit margins contract such that the continued operations become unsustainable due to the high cost of doing business.“The high cost of Jet A-1 fuel is not only a phenomenon in Zambia alone but a number of African countries are also grappling with the same issue. The topic is also being tackled at governmental level to demonstrate the […]
Increasing Jet A-1 fuel will have adverse effects – CAA
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