Magazine article African Business

Clear Skies for African Airlines

Magazine article African Business

Clear Skies for African Airlines

Article excerpt

Africa's emergence as the one of the major growth poles of the world has generated considerable activity among the airlines serving the continent. Passenger and cargo volumes are up and are expected to continue increasing.

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According to the International Air Transport Association (IATA), Africa is the second fastest growing region in terms of commercial aviation and is expected to see an international passenger growth rate of 7.7% over the next three years. This renewed sense of buoyancy in the sector was last witnessed during the 1990s, when the industry was growing rapidly at an average of 6.6% annually.

International carriers have been partnering with continental leaders in a bid to get a larger slice of the cake and several African carriers have signed orders for both jet and turboprop aircraft.

Airbus forecasts African demand to 2028 for 929 new aircraft worth $107bn. Boeing believes that Africa will require 710 new aircraft worth $80bn between 2010 and 2029. Embraer, which is gaining in popularity in Africa, has put African demand at 220 new jet aircraft in the 30-to 120-seat segment and 130 new turboprop aircraft over the same period.

Low-cost airlines are no longer a novelty in Africa - they provide excellent, no-frills service at very affordable prices for both domestic and in some cases, international travel. In a region characterised by poor road and rail links, these airlines are a godsend for both business as well as leisure passengers. …

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