Africa needs to apply global standards to realise its aviation potential
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Despite having many characteristics that would be favourable to its emergence as a commercial aviation marketplace, Africa is beset by difficulties that have constrained this potential growth. Home to 16% of the world’s population, this huge continent currently has a mere 2.2% share of global air traffic. Yet it has huge natural wealth, including an abundance of natural resources, and has enormous potential to create enormous economic wealth. Commercial aviation has the proven ability to act as a catalyst to such growth and the aircraft manufacturers are expecting growth in demand in the region. For that to be realised, however, a number of sector specific challenges need to be addressed writes Aviation Finance's Joe Gill.

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Vol. 8 Issue 24 of Aviation Finance