Passenger air traffic in Africa increases by 6.4% per year
Boeing and Airbus, two of the world's largest aircraft manufacturers, are beginning to see the Middle East and Africa as two regions interested in selling planes.
Airbus expects the Middle Eastern fleet to more than double in 18 years in 2043, but Boeing, the world's third fastest rate after China and the Asia-Pacific region, doubling commercials I'm predicting that. By 2043, the African Airlines fleet had shown trends for many people in the continent's growing population, seeking new opportunities to travel in the air.
The world's largest aircraft manufacturer is trapped in a fierce battle for market share
Nigeria, Ethiopia, South Africa, Morocco, Egypt, Kenya, Rwanda and Ghana are among the major countries of the continent with a burgeoning air transport industry.
Recent Boeing Commercial Market Outlook (CMO) shows that between 2024 and 2043, the continent will experience deliveries of over 800 new single-isle jets.
This airplane category, market research, shows that it accounts for a large portion of growth, as predicted by our long-term demand forecast for commercial airplanes and services.
According to the CMO, passenger air traffic in Africa increases by 6.4% per year.
This growth rate is ranked third highest in Africa out of the 10 regions tracked by Boeing.
Regarding development, Boeing Managing Middle East and Africa's Commercial Marketing Director Shahavmatin said that as demand for air travel spikes, African Airlines will be able to efficiently serve many routes in the continent's largest aviation market, more than ever. He said there will be a need for many single-aids planes.
In its latest global market and service forecast, Airbus estimates that Middle East demand, led by Gulf airlines, will be split into two, 160 single-ailes and 1,580 wide-body aircraft over 18 years. It's there.
“Saudi Arabia is a country that is experiencing significant growth at this point,” said Grainne van den Berg, head of airbus marketing in Africa and the Middle East.
“They have a strong vision for over 2030, so if they are offering that vision, it will be one of the most growing countries in the region (for planes).”
Vandenberg said that passenger traffic in the Middle East is expected to grow by more than 9% by 2027 as the industry recovers from the 2020-22 community pandemic.
Over the course of 18 years, annual passenger growth is close to 4% per year, above the global average of 3.6%, she said. The size of the fleet could increase by 150% from 1,370 in 2023 to almost 3,500 aircraft.
The Middle East has become the global aviation strategy center, supported by strong international demand, investment in infrastructure and the growing presence of low-cost carriers.
The favorable geography at the heart of the three continents, open skies contracts, demographic growth and bold tourism ambitions fueled growth.
However, according to the International Air Transport Association, new aircraft delivery and limited engine availability have slowed down, and engine availability has created a bottleneck, throttling its ambitious growth targets for 2025.
It takes time for the industry to recover from Covid, and supply chains “but we're talking about our long-term vision for the next 20 years,” Vandenberg said.
According to an Airbus report, there is also a significant need for increased investment in workforce development to maintain growth in the Middle Eastern aviation sector.
Over the next 20 years, the Middle East will need more than 225,000 people to join the sector, including 55,000 pilots, 30,000 engineers and 121,000 cabin crews, the report said.
The aviation services market is also ready to expand, with growth rates of at least 5% per year over 18 years, from $14 billion last year to $32 billion in 2043.
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