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Opinion: Investment key to future growth for global, African aviation
The aviation sector’s recovery from COVID-19 has been remarkable, with revenue passenger kilometres (RPKs) and available seat kilometres (ASKs) reaching close to pre-pandemic levels, according to the International Air Transport Association (IATA). In the fourth quarter of 2023, traffic was at 98.2% of pre-pandemic numbers. Additionally, the sector is expected to experience record fleet and maintenance, repair, and overhaul (MRO) growth this year. Oliver Wyman’s latest Global Fleet and MRO Market Forecast predicts that the number…
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