News Infrastructures

EgyptAir Expands Fleet to Challenge Rivals in African Airline Market

EgyptAir Expands Fleet to Challenge Rivals in African Airline Market
Wednesday, 28 May 2025 13:17

• EgyptAir orders ten Airbus A350-900 jets as part of a plan to grow its fleet from 70 to 97 aircraft by 2028.
• The airline aims to strengthen its position against Ethiopian Airlines and Royal Air Maroc.
• African air travel is expected to grow by 5.2% per year until 2040, despite structural challenges in the sector.

Africa’s air travel market has long been led by three major players: Ethiopian Airlines, Royal Air Maroc (RAM), and EgyptAir. As competition heats up, each airline is pursuing ambitious plans to grow its operations.

As part of its strategy, EgyptAir has signed an agreement with Airbus to buy ten A350-900 aircraft. This deal is part of a wider state-backed plan announced in February to expand the airline’s fleet from about 70 planes at the end of 2024 to 97 by 2028. The expansion supports Egypt’s goals to boost air transport and tourism, while also helping EgyptAir stay competitive in a market currently led by Ethiopian Airlines.

According to the African Airlines Association (AFRAA), Ethiopian Airlines remained the continent’s top carrier in 2024, flying 15.8 million passengers. EgyptAir followed with 9.8 million, ahead of RAM with 7.1 million. All three airlines are growing fast, adding planes, opening new routes, and increasing their transport capacity.

Ethiopian Airlines is rolling out its “Vision 2035” plan, aiming to double its fleet to 270 aircraft and fly to 207 destinations, up from 142. It hopes to carry up to 65 million passengers and 3 million tons of cargo every year by 2035.

Royal Air Maroc, meanwhile, wants to grow its fleet fourfold to 200 aircraft by 2037. The airline plans to fly 31.6 million passengers per year—up from the current 7.2 million.

Other regional airlines, including Air Algeria and Kenya Airways, are also looking to expand, which could reshape Africa’s airline industry in the coming years.

This competition comes as African air travel slowly recovers. Though the continent currently accounts for just 2% of global air traffic, it is expected to grow by 5.2% per year until 2040, according to the International Air Transport Association (IATA).

Despite being one of Africa’s biggest airlines, EgyptAir is still facing serious challenges. In 2022, the company posted losses of nearly 30 billion Egyptian pounds (about $600 million), largely due to the weakening of the local currency against the US dollar. In response, the airline has introduced cost-cutting measures, which have affected its ticket prices and service quality. This led to its removal from the global top 100 airlines list and from the list of the ten best airlines in the Arab world.

On the same topic
Gabon inaugurates a new border post in Kabala to improve trade and mobility with Republic of the Congo. The project supports regional integration...
Ghana launches the Timbuktoo AgriTech Hub in Accrato support digital innovation in agriculture. The initiative forms part of a pan-African program...
Ethiopian Airlines expands Bole Airport domestic terminal to improve passenger flow Three new airports to raise domestic network to 26...
Burkina Faso launches rehabilitation of Bobo-Dioulasso–Banfora and Banfora–Orodara roads Projects worth 81 billion CFA francs aim to boost mobility and...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.