Sunday, 20 September 2015

Security matters

Full article in PDF format

Given that nine of the world's 20 fastest growing economies are in Africa, it is hardly surprising that IATA predicts sustained annual growth of 5% for African airlines over the coming two decades.

The industry group's forecast may even be conservative. A separate report by Intervistas, an economic consultant, estimates that intra-African liberalisation in just 12 countries would rapidly unlock latent demand for 5 million new passenger journeys a year, more than doubling traffic in heavily protected markets like Angola and Algeria.

Yet rosy forecasts have been made about the continent before – and have generally been proven wrong...