The Aviation market in Africa includes the Airports and Airlines markets in the region.
These markets include airlines such as Egypt Air and South African Airways and airports such as Cairo International Airport and Johannesburg Oliver R Tambo International Airport. The Aviation market in Africa is growing and is a vital factor for the economic growth of Africa. It also facilitates the growth of tourism and trade in the region.
Aviation Market in Africa to grow at a CAGR of 5.35% over the period 2013-2018.
One key trend upcoming in this market is the emergence of local players. Local companies have access to growing domestic traffic and to African passengers, which could be used as a competitive advantage.
With an increase in the number of people traveling by air and the corresponding increase in the number of commercial airports and airlines, there is increased need to effectively manage, monitor, and deliver passengers, baggage, and cargo to their correct destinations, driving the Aviation market in the region. Many people can now afford air travel and as a result of increased urbanization and direct air routes between cities, air travel has become one of the preferred means of transportation. Also, along with economic growth, the volume of trade has increased, which further facilitates the growth of air transportation.
(culled from http://allaboutnews.net/)
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