Aviation News

2010-09-22

Boeing Forecasts Steady Market Growth for Airliners in Africa

More articles by »
Written by: BNO News
Tags: ,

Boeing forecasts that air carriers in Africa will experience steady growth over the next 20 years as air travel in Africa continues to grow with the economy, the company said.

The African economy is projected to grow 4.8 percent in 2010. “This strong growth results from worldwide recovery stimulating demand for African exports as well as imports into the continent. West Africa shows the strongest growth with foreign interest in petroleum development,” said Boeing.

“As the demand for African commodities grows and foreign development and tourism increase, African carriers will require a modernized fleet in order to compete on routes historically dominated by foreign carriers,” said Mike Warner, senior market analyst for Boeing Commercial Airplanes.

According to Warner, Africa’s current fleet is nearly 20 years old on average in a market that demands more fuel-efficient airplanes to help offset the rising cost of fuel.

The U.S.-based company is expecting the delivery of more than 700 airplanes with a value of approximately $80 billion for the African airplane market over the next 20 years.

Boeing forecasts that twin-aisle airplanes will account for 32 percent of new airplanes delivered to African carriers over the next 20 years compared to 23 percent worldwide. Single-aisle airplanes will represent 60 percent of the African new-airplane market, compared to 69 percent worldwide.



About the Author

BNO News





 
 

 

What’s Happening At The 2019 Paris Air Show (Updated 3X)

The 2019 edition of the Paris Air Show is happening this week. The biennial show is traditionally a place where new aircraft are launched and new orders flow in. Follow along here all this week as we recap each day’s happ...
by Ben Granucci
3

 
 

The Mystique of the Boeing SST

I recently shelled out the most money I have ever paid for an airliner model in a lifetime of collecting. It is a five foot long needle-nosed monster with working variable sweep wings in Eastern Airlines colors. On its tail is ...
by Shea Oakley
1

 

 

FRIDAY PHOTOS: The 787-10 Takes Flight

For this week's Friday Photos, we take a look at the brand new Boeing 787-10 with photos from both North Charleston and Seattle.
by NYCAviation Staff
1

 
 

Man Versus Machine in the Aviation World

As the amount of technology in aircraft has increased, so has the number of computers involved and the reliance on them for the aircraft's operation.
by Stephen Carbone
2

 
 

A Double Dream: Qatar Airways Takes Home Two New 787s

Qatar Airways took delivery of 2 787-8 Dreamliners recently in Everett, WA, and NYCAviation was there for the festivities!
by Mark Lawrence
1