How Kenya is positioning itself to become the regional aviation hub
Kenya’s aviation sector is expected to register strong growth following the completion of two newly refurbished terminals. The additional passenger handling capacity is expected to grow from the current 7.5 million passengers annually to 8.3 million. CNBC Africa spoke to Chris Diaz, Director at the Kenya Airports Authority on how Kenya is positioning herself to be the regional aviation hub.
Mon, 31 Oct 2022 15:11:06 GMT
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AI Generated Summary
- Kenya's aviation sector is experiencing growth, with the completion of new terminals set to increase passenger handling capacity.
- Infrastructure improvements at various Kenyan airports support tourism and trade, driving positive economic growth.
- Technology and partnerships are essential for the sustainability and competitiveness of African airlines, with advancements in fuel-efficient aircraft and drone technology.
- The implementation of budget airlines and the African Continental Free Trade Agreement can boost air travel affordability and enhance trade opportunities across Africa.
Kenya's aviation sector is poised for significant growth, with the completion of two newly refurbished terminals expected to boost passenger handling capacity from 7.5 million to 8.3 million annually. In a recent interview with CNBC Africa, Chris Diaz, Director at the Kenya Airports Authority, discussed how Kenya is positioning itself to become the regional aviation hub. Diaz emphasized the global growth of the aviation industry, with over 4.1 million passengers traveling annually and more than $18 billion worth of goods moving in international trade each day. Against this backdrop, Africa is seeing an increase in cargo freighters, with Nairobi emerging as a fast-growing cargo business hub. Nairobi's Jomo Kenyatta International Airport is set to accommodate over 8 million passengers with the completion of the state-of-the-art terminals 1B and 1C.
Diaz highlighted Kenya's positive growth trajectory, driven by increased investor interest and a growing market fueled by Africa's 1.3 billion-plus population. Despite global challenges such as rising fuel prices affecting ticket costs, Diaz remains optimistic about the aviation sector's future. He underscored the importance of infrastructure development across various Kenyan airports, including upgrades to terminals and runways, to support the country's tourism and trade sectors.
Addressing the issue of high air travel costs in Africa, Diaz acknowledged the impact of fuel prices on ticket prices but proposed solutions to make air travel more affordable. He suggested the implementation of budget airlines and highlighted the need for the African Continental Free Trade Agreement to enhance open sky policies and encourage collaboration among African airlines. Diaz emphasized the potential economic benefits of improved air connectivity, trade facilitation, and employment generation.
Technology is playing a crucial role in the aviation industry's sustainability, particularly for regional airlines facing operational challenges. Diaz stressed the importance of partnerships among African and global airlines to strengthen connectivity and streamline operations. He noted investments by aircraft manufacturers in fuel-efficient and environmentally friendly aircraft, contributing to cost reduction and sustainability. The rise of cargo freighters and the introduction of drone technology are set to revolutionize the aviation sector, enhancing productivity, trade opportunities, and economic development.
In conclusion, Kenya's strategic investments in aviation infrastructure, coupled with advancements in technology and partnerships, position the country as a key player in the regional aviation landscape. With a focus on affordability, sustainability, and innovation, Kenya is poised to become the go-to aviation hub in East Africa, driving economic growth and unlocking new opportunities for trade and connectivity in the region.