South Africa - Civil Aerospace Market 2017 – By Analyzing the Performance of Various Competitors 2021

WiseGuyReports published new report, titled “South Africa - Civil Aerospace”

SUMMARY

Market Line’s Strategy, Performance and Risk Analysis Industry reports provide a comprehensive market view including sections on: risk and reward, key industry trends and drivers, industry SWOT analysis, industry benchmarking to compare key performance indicators with regional and global markets, competitive landscape, industry innovation, deals and key developments.

South Africa’s nominal GDP decreased from US$396.7 billion in 2012 to US$289.2 billion in 2016. This was due to a decline in private investments and consumption, a fall in public investment, and a reduction in exports. However, it will reach US$328.7 billion in 2021. According to the Budget 2017, over the next three years, the government will spend US$37.5 billion on social grants, US$8.8 billion on subsidized public housing, US$10.8 billion to support affordable public transport and US$7.2 billion on water resources and bulk infrastructure. South Africa has modern and well-developed transport infrastructure, the country is home to the continent’s largest air network. The country’s 10 airports handle 98% of its commercial traffic, through 200,000 aircraft arrivals and 10 million passenger departures annually.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/2841742-south-africa-civil-aerospace-increasing-passenger-numbers-driving-growth-strategy

Key Highlights

Increase in the number of air passengers has led to increases in capital expenditure
As a result of the increasing demand on international routes, the number of air passengers grew at 5.5% from 18.5 million in 2015 to 19.5 million in 2016, and is expected to increase at 2.0% CAGR from 19.5 million in 2017 to 20.6 million in 2021. This increase in the number of air passengers is driving the aircraft capital expenditure as airline operators look to procure more aircraft in order to satisfy increasing passenger demand, and start new services to attract more customers. Aircraft capital expenditure stood at US$440 million in 2016 and is expected to increase at 5.9% CAGR from US$545 million in 2017 to US$685 million in 2021.

Procurement of used aircraft will lead to increases in the active fleet size
In South Africa, the active fleet size increased at 11.1% from 198 in 2015 to 220 in 2016 and it is expected that it will increase at 7.8% CAGR from 237 in 2017 to 320 in 2021. The expected increase in the active fleet size is primarily attributed to the increased procurement and leasing of used aircraft under fleet expansion and modernization initiatives by operators, in order to increase flight frequency on profitable routes and start new services on long haul routes
Operational expenditure will decline while MRO expenses are expected to increase
In South Africa, operational expenditure declined at 19.3% from US$2,772.9 million in 2015 to US$2,237.5 million in 2016 and is expected to continue declining at -6.1% CAGR from US$2,418.1 million in 2017 to US$1,879.6 million in 2021. The decline in the operational expenditure is primarily due to the pay cuts imposed by South African Airlines, the country’s largest airline on its employees. Due to the increase in the number of aircraft in the advanced age groups (more than 20 years), MRO expenditure increased at 6.5% from US$352 million in 2015 to US$375 million in 2016, and this is expected to continue increasing at 0.5% CAGR from US$352.6 million in 2017 to US$360.1 million in 2021.

Scope

- Risk & Reward Index - The Risk & Reward index compares the position of the South Africa’s Civil Aerospace vis-à-vis other countries in the region in terms of specific risk and reward parameters.
- Industry Snapshot and Industry View - Key civil aerospace industry statistics includes deliveries, active fleet size and Maintenance, Repair and Overhaul (MRO) expenditure, key industry segments and the trends driving market performance in the South African Civil Aerospace market.
- Industry SWOT Analysis - Discover the Strengths, Weaknesses, Opportunities and Threats impacting market performance and investment in the South African Civil Aerospace market.
- Industry Benchmarking - Benchmark how the South African Civil Aerospace industry market is performing compared to regional and global markets in terms of fleet size, deliveries, MRO expenditure, aircraft and helicopter capital expenditure, air passengers, fleet age and air freight.
- Competitive Landscape - Overview of relevant players in the South African Civil Aerospace industry such as manufacturers, and airline operators, with each player in the relevant category compared with its peers in terms of relevant industry indicators.

Key points

- How is the market performing in terms of: indicators such as air passengers, air freight, deliveries of narrow and wide body aircraft, capital expenditure on single aisle, twin aisle, regional, business jets and cargo aircraft, fleet age, capital expenditure on helicopter, MRO expenditure and billing?
- How risky is it to invest in the South African Civil Aerospace industry compared to other countries in Middle East and Africa?
- What is driving the performance of key industry segments such as deliveries, fleet size and MRO expenditure?
- Who are the leading players in the South African Civil Aerospace industry and their overview and product portfolio?
- What trends are being witnessed within the South African Civil Aerospace industry?
- What is the South African Civil Aerospace industry’s Strengths and Weaknesses and what Opportunities and Threats does it face?
- What are the recent developments and innovations in the South African Civil Aerospace industry?

..CONTINUED

About Us

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

For accessing accurate and deep understanding and to gain latest insights and key developments in the area of your interest, we also have a list of conferences in which you will be interested in, for more information, cordially check

https://www.wiseguyreports.com/conferences

For updating knowledge or for thoroughly understanding various terminologies, we also have vast list of seminars for your reference, for more information cordially check

https://www.wiseguyreports.com/seminars

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

WISEGUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

This release was published on openPR.