African Airlines Target Air Freight Growth Amid Market Opportunities
A significant opportunity is emerging for African airlines within the air freight sector, driven by factors like the African Continental Free Trade Area (AfCFTA). Major carriers, including Ethiopian Airlines and Kenya Airways, are actively expanding their cargo capabilities to meet rising demand. This expansion involves acquiring new freighters and converting passenger aircraft for cargo use. While challenges such as infrastructure limitations and competition from foreign carriers persist, the outlook for air cargo growth on the continent remains strong. The market is particularly focused on transporting perishables, e-commerce goods, and high-value items across the region.
Official Source: https://aviationweek.com/air-transport/airlines-lessors/freight-opportunities-african-airlines