Wednesday, August 18, 2010

Embraer: Africa Needs 770 Aircraft By 2029

Africa will need to add 770 aircraft by 2029 to its current fleet of about 635 to sustain growth, says Embraer’s Outlook on Africa.

Regional airlines are strengthening their networks, but the current fleet with an average age of 13 years does not provide efficiencies to sustain expected growth. The 61- to 120-seat jet segment will be essential for sub-regional connectivity, says Embraer. Last year, 62 million passengers flew on Africa’s 98 airlines from 345 airports in 2009.

Embraer forecasts a requirement for......

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