The Vice President of Qatar Airways in Africa, Hendrik du Preez, says that Africa’s share in the global travel demographics stands at only two percent, despite the continent being roughly 17 percent of the world’s population.
Mr. Preez, who was speaking in Lagos, said that although the African market remains underserved, there are numerous prospects in the next five to 10 years. One of the most significant challenges hindering this growth, according to him, is the cost of travel throughout the value chain. He also held that the widespread devaluation of currencies has further deterred people from travelling.
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He observed that procuring fuel in Africa often proves more expensive compared to many other global regions, thus amplifying the overall cost of operations. Additionally, he said that airport operations in Africa tend to be notably costlier than elsewhere.
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