A 20-year market forecast released by multinational aerospace and transportation company Bombardier predicts continued growth in intra-regional flying in Africa.
According to Bombardier commercial aircraft sales vice president for the Middle East and Africa, Jean-Paul Boutibou, intra-regional traffic on the continent is forecast to grow by 4.6% annually over the next 20 years in order to meet the growing traffic demand.
He noted that declining yields would also drive African airlines to switch their focus to profitability by investing in “right-sized” aircraft based on market demands.
“Like other airlines around the world, African carriers will look to replace their retired fleets with modern aircraft with better fuel efficiency, softer environmental footprint, greater reliability, and improved passenger comfort and amenities,” added Boutibou.
