CAPE TOWN, South Africa, Sept. 21 /PRNewswire/ -- Boeing (NYSE: BA) forecasts that air carriers in Africa will experience steady growth over the next 20 years as air travel in Africa continues to grow with the economy.
The African economy is projected to grow 4.8 percent in 2010 following......
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Showing posts with label Africa. Show all posts
Showing posts with label Africa. Show all posts
Wednesday, September 22, 2010
Wednesday, August 18, 2010
AIG unit pursuing African aircraft leasing deals
CAPE TOWN, Aug 17 (Reuters) - American International Group's (AIG.N) aircraft leasing unit ILFC is negotiating with several national and commercial airlines to try and double its footprint in Africa by 2015, an executive said on Tuesday.
Air travel is flourishing across Africa, where rapidly improving economies are helping the industry emerge from the global downturn. "We would love to double our exposure in Africa from, I think it's 20 aircraft at the moment, in the next five years," Ozzie Chraibi, vice president at International Lease Finance Corporation told Reuters on the sidelines of an African aviation conference.
The Los Angeles-based corporation, with a portfolio of more than......
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Air travel is flourishing across Africa, where rapidly improving economies are helping the industry emerge from the global downturn. "We would love to double our exposure in Africa from, I think it's 20 aircraft at the moment, in the next five years," Ozzie Chraibi, vice president at International Lease Finance Corporation told Reuters on the sidelines of an African aviation conference.
The Los Angeles-based corporation, with a portfolio of more than......
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Visit myairlease.com for Aircraft, Engines and APUs available for Lease and Sale!
---------------------------------------------------------------------------------------------------------------------------
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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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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Visit myairlease.com for Orders, Deliveries, List prices, Market values and Lease rates!
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