Afrik Allianz, the multi-modal single air transport alliance network originated by Goldstar Air to connect over 121 airports in Africa and beyond, from each origin airport will connect several different destinations via flights to and from ‘hub’ airports.

Ghanaian passengers and the wider economy will benefit from the ability to access both a greater number of destinations and a higher frequency of services of Afrik Allianz members. In other words, passengers benefit both from more frequent services to major destinations and from the ability to access additional economically important destinations through onward flights. All airlines that will provide services between airports within the network contribute to its wider economic value.

Providing connectivity is fundamental to helping improve the customer experience when flying with Goldstar Air around the world, therefore airline is collaborating with other airlines to launch an airline alliance called the Afrik Allianz to expand routes, share resources and establish seamless travel experience for international passengers who will get access to multiple destinations and more convenient airway connections.

Afrik Allianz aims to facilitate intra-regional trade and regional integration through the movement of goods, services, and people within Africa and across other continents. To maintain lower operational costs Afrik Allianz members will share resources and important facilities such as lounges, terminal space, ground handling services, maintenance bases, common marketing programs, and IT systems which will reduce overall costs while still guaranteeing a consistent level of service.

This novelty will be a great deal and incur no costs from points until they are redeemed or even if the points are forgotten. This setup will make Afrik Allianz's loyalty programs highly lucrative. Consumers are now charged, and it is nearly one percent (1%) of the United States Gross Domestic Product to one airline credit card alone.

Goldstar Air believes that this type of agreement will benefit our partners by increasing brand awareness and market knowledge about Africa and other continents, facilitating trade and investment, and encouraging economic growth on our continents. Ghana as the host country for the Africa Continental Free Trade Area (AfCFTA), therefore our operations from Ghana will create a continent-wide market embracing fifty-four (54) countries with 1.3 billion people and a combined GDP of $3.4 trillion.

Ghana has a significant opportunity to assert itself on the global economic stage and can capitalize on the opportunity presented by the Africa Continental Free Trade Area, with a staggering Forty-four (44) million Small and Medium-sized Enterprises (SMEs) across Africa.

Afrik Allianz will achieve better financial health by also optimizing cargo operations through collaboration, data-driven insights, customer-centric approaches, continuous improvement, and implementing several strategies. Our success will require adaptability, trust, and a commitment to shared objectives. Learning from past failures of others will help shape stronger partnerships in the aviation industry and balance the network to provide comprehensive global reach. Coordinating flight schedules, baggage handling, and passenger services across different carriers requires meticulous planning as ensuring the financial health of Afrik Allianz members is vital.

A 2020 analysis by the Financial Times found that Wall Street lenders valued the major airlines’ mileage programs more highly than the airlines themselves. An airline in the United States frequent flyer program was valued at 22 billion U.S. dollars, while the company’s market cap at the time was only 10.6 billion U.S. dollars.

Goldstar Air is negotiating with some members of Afrik Allianz to set up an insurance department which will be known as Afrik Insurance, to start with insurance with our aircraft that will initially fly within the African continent and later to other continents. Aviation insurance will cover the requirements that are needed and be helpful to owners, operators, pilots, renters, students, and flight schools in which there is a risk for life.

The airline will work with insurance companies on the African continent to ensure all big-ticket insurance coverage is taken care of by a consortium of insurance companies. The facultative reinsurance and reinsurance treaties are two types of reinsurance contracts. When it comes to facultative reinsurance the main insurer covers one risk or a series of risks held in its books. The treaty reinsurance, on the other hand, is insurance purchased by an insurer from another company.

Members of Afrik Allianz will benefit a lot from these arrangements once there are not enough claims and will also arrange "fleet policies" to cover all aircraft they own or operate. The underwriting profits can be utilized as an indemnity or guarantee to purchase additional aircraft for members, and this will also benefit the local insurance in Africa. Afrik Insurance financial guarantee will provide guarantee contracts to member airlines for the purchase of more aircraft and will maintain direct legal ownership of the financial asset at inception and throughout the life of the contract, or Afrik Insurance will maintain a back-to-back arrangement with a third party that has direct legal ownership of the financial asset at inception and throughout the life of the contract.

Afrik Allianz premiums will be received in installments and the period outstanding is estimated based on expected prepayments, the premium receivable asset and unearned premium revenue liability will be adjusted when prepayment assumptions change. The premium receivable asset will be recalculated based on current prepayment assumptions and the current risk-free rate, and an adjustment will be made for the difference between this revised balance and the balance based on original assumptions.

The distribution of profits within Afrik Allianz will vary based on specific agreements and business models, as specific routes as profit centers. Operating successfully in these areas contributes to the overall profit pool. Revenue-sharing agreements within Afrik Allianz will involve complex discussions and considerations, balancing cooperation, competition, and efficient revenue management. The goal is to create a win-win situation for all members.

Airlines are just banks now, therefore Afrik Allianz members will create points on our frequent flyer program and sell them for real money to banks with co-branded credit cards. The banks will also award points to cardholders for spending, and both the banks and credit card companies make money off swipe fees from the use of the card. Cardholders can redeem points for flights, as well as other goods and services sold through member airlines’ proprietary e-commerce portals.