Ethiopia, for instance. Most of these airlines have remarkably good safety records considering how loosely regulated I would assume they are.
In: Economics
A lot of the pilots in for example Ethiopia is trained in another country. In fact Florida is a very popular place for pilots to come and learn due to its good weather and many airfields. Similar for aircraft mechanics and inspectors. As for the finances there are a fair bit of income inequality in these places so there is a sizeable upper class who can afford to fly. Most countries with a big airline like Ethiopia also get a lot of foreign passengers, both from other African countries as well as people visiting Africa. The airline pay a lot of taxes and fees to the Ethiopian government which pay for all the inspections and regulations. This is also based on procedures from other countries. So they are not loosely regulated at all.
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