- The African air traffic growth is projected to surpass the global average, reaching 7.4%, with flights already exceeding pre-pandemic levels.
- Airbus anticipates that this growth will drive an annual demand for services worth $7 billion in the region.
- While airlines are steadily recovering, air cargo has rebounded by 31.4%, and air travel is at 93% of 2019 levels.
The aviation industry in Africa is currently experiencing an upward growth trend and presents a positive financial outlook for African airlines in 2023 compared to 2022. Projections indicate that overall air traffic growth in Africa will exceed the global average of 6.1 per cent, reaching an impressive 7.4 per cent, with flights already surpassing pre-pandemic levels.
These revelations emerged during the recently concluded 7th Aviation African Summit & Exhibition, which took place on September 13th and 14th, 2023, in Abuja, Nigeria. This landmark event has been lauded as the largest summit to …
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