Dec 30 2014
Research and Markets has announced the addition of the "Airport Construction Market in the GCC Countries 2015-2019" report to their offering.
One key trend upcoming in this market is the emergence of local players. Local companies have access to growing domestic traffic and to African passengers, which could be used as a competitive advantage.
According to the report, expansion of airline alliances in the region is one of the major drivers of the market. Airline alliances increase the reach and attractiveness of the Aviation market in Africa, help access new routes, and help obtain benefits from skills exchange.
Further, the report states that high cost of fuel in Africa is one of the major challenges that the market faces. The average fuel cost in Africa is much higher than the rest of the world. This increases airlines' operating costs and makes it difficult for them to remain profitable and competitive.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: http://www.researchandmarkets.com/