Air transport, a vital challenge for Africa

Air transport in Africa still does not count for much on a global scale. However, strong GDP growth, the continent’s fast-growing urbanisation and the expansion of the middle classes – who want to travel – are likely to shake up this situation. The African aviation market is about to experience unprecedented growth. The IATA is forecasting an average annual increase of 5.7% in air traffic until 2034. The sector also offers major investment opportunities – estimated at over $160 billion for the acquisition of new aircraft alone.