POST Online Media Lite Edition



 

Africa could earn $1.3 billion more and employ 155,000 in aviation

Staff writer |
Aviation Africa 2015 which opens on May 10 in Dubai will underscore the immense potential of the African aviation market.

Article continues below






The two-day event, held under the patronage of Sheikh Ahmed bin Saeed al Maktoum, President of Dubai's Department of Civil Aviation and Chairman of Emirates Airline, has been established to forge a crucial dialogue among the aviation industry's leading stakeholders on the social, economic and political benefits to be gained from wide-ranging improvements to the infrastructure in Africa.

Aviation in Africa currently supports more than 6.9 million jobs and over $800 billion in GDP across African nations. But this is nothing compared with what it can become.

Annually, a further 155,000 jobs and $1.3 billion in GDP can be added through the effective liberalisation of just 12 key markets, including Ghana, Kenya and South Africa among others, according to an independent report published by the International Air Transport Association (IATA).

"If you look at the sheer potential of just a handful of African airlines, routes and airports, you realise just how enormous an impact Africa can have on the future of aviation, and moreover you can clearly see just how beneficial a progressive aviation industry can be for the socio-economic future of the continent," says Alan Peaford MBE, event organiser and summit shairman.

"Geographically, it's ideally located right next to well-established hubs in the Gulf, and is able to capitalise on the passenger and cargo traffic already streaming through the region.

"Aviation Africa 2015 will fill a void in the aviation calendar and give Africa a real chance to progress quickly, effectively and safely,” he adds.

Africa's prospective growth, as well as the potentially vital role the Middle East's aviation industry can play in the creation of a burgeoning African market will be the focal point of the various case studies and panels at Aviation Africa 2015.

The event features an exhibition with over 40 companies including Boeing, Jeppesen, African Open Sky, Ethiopian Airlines and Astral Aviation.

The event is supported by AFRAA – African Airlines Association, AfBAA – African Business Aviation Association and the Gold Sponsors are UAE International Trip Support and DAE – Dubai Aerospace Enterprise.


What to read next

EU, South Africa trade recovered strongly
South Africa's October net foreign reserves fall to $41.799bn
Pay TV revenues in Sub-Saharan Africa to reach $6.22 billion