Sub Saharan Africa requires more than 528 new passenger aircraft by 2030 – Airbus

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Airlines in sub Saharan Africa are predicted to require 528 new passenger aircraft by 2030, with a value of US$65 billion, according to the latest Airbus Global Market Forecast. This includes 350 single aisle aircraft 157 twin aisles and 21 very large aircraft.

Overall, airlines in the Africa and Indian Ocean region are forecast to require 1 101 new aircraft valued at US$126 billion by 2030. Africa’s passenger aircraft requirement includes 790 single aisle aircraft, 273 twin aisles, and 38 very large aircraft.

Driven by tourism, an expanding middle class, increased urbanisation, business relationships with developing nations, and further opportunities from market liberalisation and low cost, Airbus forecasts that Africa overall will average annual passenger growth rates of 5.7%. This figure is well above the 4.8% world average growth rate and far outstrips more developed markets such as North America and Western Europe. Four out of the top ten fastest growing traffic flows in the world are to/from or within Africa.
“Africa used to rely on river and road transport, but today aviation is essential for development, and will increasingly become the 21st centuries answer to connect people in the region with each other and the rest of the world, ” said Andrew Gordon, Airbus Director Strategic Marketing and Analysis.

Airbus last month in its Global Market Forecast that by 2030 some 27 800 new aircraft will be required by airlines around the world. The combined value of the over 26 900 passenger aircraft (above 100 seats) and more than 900 new factory built freighters forecast by the GMF is US$3.5 trillion. At the end of September, Airbus had sold 11 098 aircraft and delivered 6 882.

Earlier this month Boeing predicted that African airlines will require 800 new airliners between now and 2030, 12% more than last year’s forecast. According to Van Rex Gallard, Boeing’s Vice President of sales: Latin America, Africa and the Caribbean, of the 800 new airliners 6% will be regional aircraft, 64% will be single aisle airliners, 29% will be widebodies and 1% will be widebodies. 34% of the 800 new aircraft will replace old aircraft while 56% will take care of growth.