Chartering Africa: A Booming Market For Business Jets  

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Chartering Africa: A Booming Market for Business Jets  

Mohammed Husary | - 08/20/2024
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Aviation, Executive Insight

Chartering Africa: A Booming Market for Business Jets – The chartering of business jets in Africa is quickly evolving from being a luxury to a strategic necessity as the continent’s economic dynamism continues. This is a burgeoning market that reflects both Africa’s increasing economic significance and its diverse travel needs. And business aviation is busy supporting economic growth… In West and Central Africa, business jets play a pivotal role in serving the oil and gas industry, transporting staff and operating emergency and medevac flights. In East Africa, business aircraft support the booming tourism sector.

So, what’s ahead for the market? Let’s look at the numbers.

Booming aviation = Enhanced economic prosperity 

The Air Transport Action Group maintains that aviation currently supports 7.7 million jobs on the continent and translates into 63 billion USD in GDP.  And because air traffic in Africa is expected to continue to grow at about 3.4% per year over the next two decades, the potential for economic growth is enormous.

According to the continent’s business aviation association AfBAA, Air cargo has rebounded by 31.4 percent, and air travel is at 93 percent of 2019 levels. Pre-pandemic passenger traffic levels are expected to be achieved this year.

Private flights are on the rise…

Last year, the business aviation sector in Africa experienced a notable growth spurt, with a 15% increase in private jet flights compared to the previous year. This is driven by the expanding business hubs in cities like Johannesburg, Lagos, and Nairobi, where efficient air travel is crucial for executives and entrepreneurs.

The number of business jets operating in Africa is projected to grow by 8% annually over the next five years. There are currently 418 business jets in Africa, according to MEBAA, with South Africa having the largest business aircraft fleet at 137, followed by Kenya and Nigeria.

because connectivity is key

The need for flexibility and access to remote locations has made chartering an attractive option. Africa’s vast and varied landscape means that commercial flights often don’t cover all necessary routes. Business jets offer the ability to land at smaller airports closer to key destinations, saving time and enhancing productivity. For instance, in countries like Nigeria and South Africa, where major business activities are concentrated, private aviation provides a competitive edge by reducing travel time between crucial economic centres.

There’s no doubt that business aviation is a positive tool for economic development. And this has seen the charter business jet market in Africa not only thrive but also evolve: It is driven by economic growth and an increasing demand for flexible, efficient air travel solutions.

UAS has just completed an African sky tour with the latest addition to our charter fleet, the Global Express. Our team traversed the continent, touching down in Johannesburg, Mozambique, Nairobi, and Lagos, inviting clients to tour the aircraft. Our Charter division is ready to meet the continent’s demand.

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