Boeing expects Africa's airlines will take delivery of 700 aircraft valued at $80 billion over the next 20 years.
The manufacturer said the continent's 4.8 percent economic growth this year following a 2.9 percent increase is an indicator of future expansion.
"As the demand for African commodities grows and foreign development and tourism increase, African carriers will require a modernized fleet in order to compete on routes historically dominated by foreign carriers," said Mike Warner, senior market analyst for Boeing Commercial Airplanes.
"Africa's current fleet is nearly 20 years old on average in a market that demands newer, more fuel-efficient airplanes to help offset the rising cost of fuel."
Boeing noted strong demand for an increase in non-stop routes between Africa and Europe, the US, Middle East, India and China. The manufacturer forecasts twin-aisle airplanes will account for 32 percent of new deliveries to African carriers over the next 20 years compared to 23 percent worldwide.
Aircargo World
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