🌍 #acmi in Africa: 2024 Key Insights & Challenges ✈️ ‌ At NEWSAERO, we continue to provide data-driven insights into Africa’s aviation market. This is our second-to-last report on aircraft movements in Africa for 2024, focusing on ACMI transactions. 📊 Key Takeaways: ✅ ACMI’s Share in Africa’s Total Aircraft Acquisitions in 2024: ‌ 🔹 ACMI contracts accounted for 27.75% of total aircraft acquisitions in Africa, which is roughly equivalent to 53 aircraft. ‌ ✅ Top 5 African Regions Using ACMI Contracts (percentage of ACMI-operated aircraft): ‌ 1️⃣ West Africa – 72.73% 2️⃣ Central Africa – 72.73% 3️⃣ Southern Africa – 51.35% 4️⃣ North Africa – 27.27% 5️⃣ East Africa – 20.45% ‌ ✅ Top 5 African Airlines Relying on ACMI Aircraft : ‌ 1️⃣ Air Peace Limited (Nigeria) – 7 aircraft 2️⃣ Congo Airways (DR Congo) – 6 aircraft 3️⃣ South African Airways (South Africa) – 4 aircraft 4️⃣ CAMAIR-CO (Cameroon), Air Côte d'Ivoire , & Air Algérie – 3 aircraft each It’s clear that the first two operators are facing financial challenges, with Air Peace having more than half of its fleet grounded and Congo Airways having no in-house aircraft in service, fully depending on ACMI for operations. Could government-backed airlines in the region, such as Camair-Co and Congo Airways, be too financially weak to invest in fleet ownership? ‌ ✅ Top 5 Leasing Countries Supplying ACMI Aircraft to Africa: 1️⃣ Lithuania – 20.5% 2️⃣ Slovakia – 18% 3️⃣ Greece – 10.3% 4️⃣ Malta & Türkiye – 10.3% each ‌ ✅ Top 5 Most Leased Aircraft Models in the African ACMI Market: ‌ 1️⃣ Airbus A320-200 – 16 aircraft (8.38%) 2️⃣ Boeing 737-800 – 14 aircraft (7.33%) 3️⃣ Embraer ERJ145 – 4 aircraft (2.09%) 4️⃣ Boeing 737-300 – 3 aircraft (1.57%) 5️⃣ Boeing 767-200 & Embraer E190 – 2 aircraft each ‌ ✅ Top 5 ACMI Aircraft Providers Operating in Africa: 1️⃣ AirExplore 2️⃣ KlasJet 3️⃣ MARATHON AIRLINES S.A. 4️⃣ SunExpress 5️⃣ Amelia (by Regourd Aviation) ‌ ⚠️ The Risks of ACMI Dependence for African Airlines ‌ ACMI continues to be a strategic solution for African airlines to manage seasonal traffic fluctuations, fleet shortages, and operational limitations while ensuring network continuity. However, it does come with financial challenges: ❌ High Operational Costs – ACMI leasing tends to be far more expensive over the long term than owning aircraft outright. ❌ Limited Profitability – Airlines struggle to generate sustainable profits when relying on ACMI providers for their fleet needs. 💬 What are your thoughts on these trends? ‌ Let’s discuss in the comments! ‌ 🔜 Stay tuned for our final 2024 report on aircraft movements in Africa, - focusing on fleet age- , coming soon!