Nigerian business airline Falcon Aerospace says it is ready for rapid expansion into global markets.
With its growing fleet, global routes and customer base, Falcon Aerospace is positioned to strategically capitalize on Africa’s rapidly expanding business aviation market, currently valued at $1.09 billion.
The market is expected to reach $2.14 billion by 2030, with a projected compound annual growth rate (CAGR) of 11.98%. This strong growth trajectory and increasing demand for civil aviation across the continent puts Falcon Aerospace at the forefront of this market. A dynamic and evolving sector.
Another sign of the company’s expansion into the global market is the company’s participation in the upcoming African Investment Conference (AFSIC) in London.
AFSIC is the largest annual African investment conference held outside of Africa. As a sponsor, Falcon Aerospace, seeking investment to fuel rapid growth and global expansion, will be exhibiting and networking at the event.
The company’s CEO, Chukwerika Achum, will also speak at the event: Achieving this vision requires people, ideas and cultures to connect seamlessly within and across continents, and we believe in the power of business aviation to facilitate this connection across borders.” he said.
“At the Africa Investment Conference, we will share insights into Africa’s business aviation sector and its potential as a catalyst for business and economic success on the continent.”
Chief Operating Officer Tejumade Salami said: “Falcon Aero’s growth over the past two years has been phenomenal. From the beginning, we have been committed to democratizing business aviation services by improving accessibility and affordability without compromising luxury, efficiency or safety. We have been aiming to become
“Currently, our business continues to expand outside Nigeria. We are proud of our growth and are seeking investment and partnerships to facilitate this expansion,” Salami added.
More than 1,500 of Africa’s most important investors, deal makers and business leaders are scheduled to attend, according to organizers, and more than 350 speakers, including Africa’s leading investors, deal makers and business leaders, will attend Africa’s It will provide detailed insight into the positive economic transformation many regions are experiencing. .
This event will showcase the most attractive African investment opportunities from multiple African countries representing all regions of the continent.
Falcon Aero provides private jet charter, aircraft maintenance, sales and fractional ownership. The company’s diversified portfolio consists of Vivajets, a civil aviation service provider; Charterxe, a digital booking platform; And FlyPJX, the seat-by-seat charter platform, are all different brands.
“Innovation and technology have been key elements in our success story. We are building products that integrate digital technology and customized service offerings to improve the booking and travel experience.”Products said Basil Agbor, Head of Innovation.
He added: “As we participate in Africa’s major investment event, we look forward to connecting with forward-thinking investors who share our passion for developing the civil aviation sector.”
AFSIC will be held from October 7th to 9th, 2024.
