AFRICA: Africa’s ageing fleet needs replacing

Boeing has forecast that Africa will need about 700 aircraft worth US$80 billion over the next 20 years to deal with increased air traffic as the continent’s economy picks up steam. The world’s poorest continent is enjoying increased air travel and air cargo transport as many of its 53 countries experience rapid economic growth, spurred […]


Boeing has forecast that Africa will need about 700 aircraft worth US$80 billion over the next 20 years to deal with increased air traffic as the continent’s economy picks up steam. The world’s poorest continent is enjoying increased air travel and air cargo transport as many of its 53 countries experience rapid economic growth, spurred by global demand for commodities. “As the demand for African commodities grows and foreign development and tourism increase, African carriers will require a modernised fleet in order to compete on routes historically dominated by foreign carriers,” said Mike Warner, a senior market analyst for Boeing Commercial Airplanes. Africa’s current fleet is on average nearly 20 years old in a market where more fuel-efficient airplanes were called for to help offset high fuel costs, one of the major factors influencing operator profitability. Boeing forecast that twinaisle planes will account for 32 per cent of new planes delivered to the continent over the next 20 years, compared with 23 per cent globally.