Sunday, November 24African Digital Business Magazine

Tag: AviaDev

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An inter-connected African aviation industry could deliver USD $29bn in direct revenue

AviaDev, Africa’s premier event dedicated to developing connectivity to, from and within the African continent, in conjunction with partners, MIDAS Aviation and Futureneers Advisors have estimated the potential revenue from new African aviation routes could yield USD $29bn in direct revenue. This revenue, which is more than the individual GDP’s of 70% of the countries in Africa, could be realised if the largest airports in each African country are connected with one another.  Currently, only 33.7% of this huge market is served, meaning that there is over USD $19bn in untapped annual revenue. AviaDev, now in its fourth year brings together airports, airlines, tourism bodies and suppliers and customises one-to-one meetings so that new partnerships and routes can be created.  AviaDev’s manag...