Asian Sky Group releases condensed 2015 Africa Business Jet Fleet report

Following in the footsteps of its highly successful annual Asia business jet and helicopter fleet reports, Asian Sky Group (ASG) has released a condensed Business Jet Fleet Report for Africa.

“Africa is a growing and developing market with great potential for business aviation expansion.” says Jeffrey Lowe, Managing Director at ASG. “Some of the highest growth rates are currently being experienced by African nations, bumping the continent into the Top 20 in business jet markets worldwide. However, there are too few airplanes to accommodate this growth and a disproportionally low number of business jets versus the wealth being generated."

Lowe therefore sees Africa as an important future market worth investing in which is why ASG has produced this report. This confidence is borne out by many of ASG’s existing clients from Asia who are also expanding into Africa.

As with any emerging market, there are numerous challenges currently facing Africa, with certainly one of the most pressing being the age of the business jet fleet, raising questions of safety and security. Training and development are also of concern as pilots and aircraft staff are generally inexperienced and the business aviation infrastructure is insufficient.

The Africa Business Jet Fleet Report 2015 is not as all-encompassing as ASG’s other fleet reports, but has the same goals to provide a sound overview and forecast of this growing market and its development. “The goal of ASG’s Market Research and Consulting is to provide insight and add value for our clients into understanding emerging markets through solid data,” Lowe said. Data for this report was supported by the African Business Aviation Association (AfBAA) and Jetnet.

Download the Africa Business Jet Fleet report (PDF 1.51MB)

BlueSky Business Aviation News | 12th November 2015 | Issue #344
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