ABSTRACT
In terms of air transportation, the International Air Transport Association has forecast that seven of the ten fastest-growing passenger markets over the next 20 years will be Malawi, Rwanda, Sierra Leone, Central African Republic, Tanzania, Uganda, and Ethiopia. This study of airline business models indicates that Africa is set for strong expansion in air connectivity and that is expects passenger growth to average around 4.4 percent between now and 2034. In the context of African aviation, chief bodies of research centre on the impact of liberalisation on the continent, not least of which was a comprehensive piece published for the International Air Transport Association on the economic benefits of implementing the Yamoussoukro Decision. High air fares on the continent are a symptom of the general lack of competition from strong airlines on intra-African routes as well as the inequality of income across African populations.
