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Africa Aviation MRO Market Report 2020-2025: Growth, Trends, and Forecasts - Key Players are Raytheon Technologies, Safran, Lufthansa Technik, Leonardo, and Airbus - ResearchAndMarkets.com - Vimarsana News

Africa Aviation MRO Market Report 2020-2025: Growth, Trends, and Forecasts - Key Players are Raytheon Technologies, Safran, Lufthansa Technik, Leonardo, and Airbus - ResearchAndMarkets.com

ResearchAndMarkets.com’s offering. The Africa aviation MRO market is anticipated to register a CAGR of 5.44% during the forecast period. The African aviation industry lags compared to the rest of the world in terms of both aviation demand and supply. By the end of 2019, Africa has only 258 commercial aircraft on order, the least in the world. African fleet growth is expected to be constrained over the next decade by geopolitical tensions, unreliable safety records, high airport fees, and taxes on jet fuel. Also, the COVID-19 pandemic devastated African economies and brought air connectivity...