Africa comprises 2.2% of the global market in terms of Revenue Passenger Kilometers (RPK). According to Boeing’s recent Market Outlook, to service the continent over the next 20 years, 1190 new aircraft with an expected value of $170 billion will be needed.
Ethiopian Airlines carried more than 13 million passengers in 2019, helping propel Ethiopia to a leading nation in Africa’s aviation industry and the world. South Africa’s place among African nations leading in aviation is due to the fact that 21 airlines call on the nation’s international hub, O.R. Tambo International Airport. However, at the time of writing its national carrier is under business rescue. With 66 planes in the fleet flying to 73 global destinations, EgyptAir is the second-largest airline on the African continent.
Africa comprises 2.2% of the global market in terms of Revenue Passenger Kilometers (RPK).
Africa’s biggest airline, Ethiopian Airlines is the 4th biggest in the world.
Overall capacity growth of African airlines has increased at approximately 3.9%.
Low-cost airlines on the African continent have enjoyed steady annual passenger growth of around 4%.