The African aviation market is set to increase by 200 million passengers to over 356 million in the next two decades, according to IATA’s latest forecast. PHOTO | FILE | NATION MEDIA GROUP
The African aviation market is set to increase by 200 million passengers to over 356 million in the next two decades, according to the International Air Transport Association’s latest forecast.
The African market will be among the fastest growing of all the regions globally at 4.6 per cent, after Asia Pacific which is projected to grow by 5.2 per cent with 2,810 million passengers by 2038. Middle East aviation market is ranked third on growth with 4.4 per cent, while Latin America, North America and Europe will grow by 4.1, 2.5 and 2.1 per cent respectively over the same period.
