Loading

CAPA’s Hottest Airlines to watch in 2011: Africa

Premium Analysis

African airlines are projected to return to profitability in 2010 for the first time since 2002, reflecting stronger economic activity and bolstered by what IATA describes as "a decade of cost-cutting, restructuring, and re-engineering." Many of Africa's 53 countries are experiencing rapid economic growth, spurred by global demand for commodities, led by China's insatiable need for raw materials. Reflecting these developments, projections for African airline profits stand at a combined USD100 million profit in 2010 with a breakeven result anticipated for 2011. It follows an estimated USD100 million loss in 2009. In this installment in CAPA's series on the world's Hottest Airlines to Watch in 2011, we focus on the movers and shakers in Africa.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,501 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.