Mango upbeat about aviation prospects

2009-11-17 12:32

AIRLINE Mango expects domestic air travel to grow by the third

quarter of 2010 as the aviation industry sees hints of a recovery, the company

has said.

At the same time, the company will remain cautious and adopt a

prudent approach to the current environment in which sales are recovering from

the drops of 2007 and 2008.

Chief executive officer Nico Bezuidenhout has said global forecasts

remain bleak, but the increased international trend of investing in emerging

markets may hold positive spinoffs for South Africa and its aviation


“The increasing importance of emerging markets on the global stage

is highlighted by the economic successes of Brazil, Russia, India and China.

Emerging markets have unleashed a massive growth surge in the world


Regional and domestic aviation stood to benefit substantially from

this, he said. Consumers were looking for value and this conservative approach

would remain for many years.

He expected low cost airlines to increase market share to well more

than 60 to 70% the next decade.

Presently, Mango is preparing for next year’s World Cup and seeking

new growth opportunities beyond 2010.


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