Market Overview

The Nigeria Aircraft Maintenance, Repair & Overhaul (MRO) Market - Outlook to 2023 - ResearchAndMarkets.com

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The "Nigeria
Aircraft Maintenance, Repair and Overhaul Market Segmented by Industry
and Market Entry - Growth, Trends and Forecast (2018 - 2023)"

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Growth in Passenger Air Traffic in Africa

The African aviation industry is experiencing a healthy air traffic
growth rate and ranked as the second fastest-growing region in the
world. African airlines saw an 11.2% rise in traffic in Q1 of 2016,
compared to Q1 of 2015, registering a total of 15.2 million passengers
for 2016.

Nigeria reported the highest passenger traffic in the West and Central
African regions for 2015 and 2016. Nigerian airports have an annual
capacity of about 10 million passengers, while their nearest competitors
have a maximum capacity of 2.5 million passengers, per annum. The
Ethiopian & South African airlines have been offering airdrop and
pick-up facility to Nigerian passengers travelling to Latin America from
Lome and Accra.

The growth in air passenger traffic across Africa is expected to drive
the demand for new aircraft deliveries of over 1,100 aircraft (which is
spread over 10 years of manufacturing). The African ageing aircraft
fleet is expected to see intensive usage, decreasing the time before the
next MRO, thus improving the demand for aircraft MRO in Africa. Given
the anticipated increase in demand for aircraft MRO, the setting up of
an MRO facility in Nigeria is expected to be a profitable business over
the forecast period.

Other Key Highlights

  • Blocked Foreign Exchange
  • The Only MRO Facility in West Africa
  • Bad Airport Infrastructure in Africa

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Market Demand Analysis

6. Market Size of Aircraft MRO Industry (in USD millions)

7. Market Entry

8. Competitive Landscape

9. Company Profiles

  • One Dot
  • Jet Maintainance Solutions (Jet MS)
  • Logos Aviation
  • BGI Aviation Technical Services (BATS)
  • Aero
  • Sky Jet Aviation Services
  • ExecuJet
  • GZ
  • AJW Group
  • Arik Air
  • Sanusi
  • TekniTeed

10. Future Outlook of the Market

For more information about this report visit https://www.researchandmarkets.com/research/ztjv83/the_nigeria?w=4

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