Page 11 - LUA May - June 2023 for Magzter
P. 11

for an alignment with customs to ensure
                                                                             e-commerce is fast-tracked."
                                                                                Given the global scenario, it may be
                                                                             2024 or even 2025 before full freighter
                                                                             aircraft capacity (pre-Covid levels) is
                                                                             restored to the Africa  market. "That being
                                                                             said, given the current slowdown in air
                                                   African airlines          trade between Asia, Europe and North
                                                                             America, some freighter operators may
                                                   need to invest            deploy their “excess” freighter capacity on
                                                   in freighters to          “north-south” markets like Africa to/from
                                                   increase the              Europe and/or Asia."
                                                                                The Africa-domiciled freighter
                                                   capacity for air          fleet is small, and the major aircraft
                                                   cargo to, from and        manufacturers see demand for 80-100
                                                   within Africa.            freighters, mostly in the narrowbody
                                                                             gauge. The upside, due to the nascent
         African producers could gain significant          SANJEEV GADHIA    expansion of e-commerce networks, may
         share compared to their competitors."                ASTRAL AVIATION  be considerable, the report said.
           E-commerce penetration is only around                                "Astral will continue to expand to new
         one percent but if players could emulate   needs to be the right infrastructure to be in   markets such as Israel, Saudi Arabia and
         the practices of other markets (e.g. Latin   place to support the growth of e-commerce   Turkey in addition to planned expansion
         America), the growth opportunity could   such as dedicated e-commerce fulfilment   into China over the next one year. With
         be vast, the report added.        warehouses around key airports and   the arrival of the B767-300F in 2023/4,
           Gadhia feels e-commerce can be a big   ports in Africa. Currently, e-commerce is   Astral will be able to offer new solutions
         driver of air cargo in Africa "but there   treated as general cargo, hence the need   to clients," concludes Gadhia.













           CONNECTING AFRICA
           WITH THE WORLD


           www.astral-aviation.com




























          MAY - JUNE 2023                                                                                  LUA 9
   6   7   8   9   10   11   12   13   14   15   16