Aaron Munetsi, the Chief Executive Officer of the Airlines Association of Southern Africa, has raised concerns over the slow pace of aircraft acquisition and fleet size of African airlines put together.

Comparing African continent with 54 countries to USA’s Delta Airlines fleet, he said, “The whole continent has less than 1,000 aircraft while Delta Air Lines, alone operates about 1,500 aircraft. That tells you the size of the gap we are dealing with.

He spoke at the second day of the Nigerian Aircraft Acquisition & Investment Summit (NAAIS) in Lagos.

He said something is wrong somewhere that Africa cannot leverage on its population and the geographical size.

“Something is wrong somewhere,” Munetsi declared.

“With 52 airlines — flag carriers across the continent — only seven are fully operational, and of those seven, only one is profitable,” he said.

He noted that Africa, with a population of about 1.4 billion people, contributes just two per cent to global aviation, a figure he described as disproportionately low given its size and economic potential.

According to him, the continent operates fewer than 1,000 aircraft in total a number he said underscores the scale of the challenge facing African aviation.

Munetsi attributed the situation to a mix of economic constraints and regulatory inefficiencies, stressing that many African economies are not structured to support sustainable airline operations or fleet expansion.

He further revealed that African airlines are struggling to generate significant revenue, with some earning less than one million dollars in returns, a situation he described as unsustainable for an industry that requires heavy capital investment.

“We’re getting less than one million dollars in some cases. How do you build capacity, acquire aircraft, or compete globally under such conditions?” he queried.

Munetsi also highlighted the ageing fleet across the continent, citing data from global aviation bodies which indicate that Africa operates some of the oldest aircraft in the world.

“According to industry statistics, we have the oldest fleets globally and the smallest fleets globally. Yet, we are sitting on enormous potential — vast landmass, growing population, and increasing demand for connectivity,” he said.

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.

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