Leading Nigerian business aviation firm,Falcon Aerospace is poised for global expansion as it prepares to participate in forthcoming Invest in Africa Conference (AFSIC) in London.
As a sponsor, Falcon Aerospace will highlight investment opportunities in African aviation, and the company’s strides driving sector’s growth in the continent AFSIC is the largest annual Africa investment conference taking place outside Africa. Chief Executive Officer of the company, Chukwuerika Achum will also be speaking at the event deemed a platform to showcase the company’s services and network with potential investors to fuel growth.
Speaking further on the programme scheduled between October 7-9, Achum said it was an opportunity to draw the world’s attention to the prospects in business aviation proven to facilitate connectivity across borders.
He said, “At the invest in Africa Conference, I will share insights into the business aviation sector in Africa and its potential as a catalyst for business and economic success on the continent.”
With a growing fleet, global routes, and an expanding customer base, Falcon Aerospace is strategically positioned to capitalise on the rapidly expanding African business aviation market, currently valued at $1.09 billion. Moreso, with a projected compound annual growth rate (CAGR) of 11.98%, the market is expected to reach $2.14 billion by 2030. This strong growth trajectory, coupled with increasing demand for private aviation across the continent, places Falcon Aerospace at the forefront of this dynamic and evolving sector.
Chief Operating Officer of the company, Tejumade Salami said, “Our growth has been phenomenal. We’re seeking investments and partnerships to fuel expansion beyond Nigeria.
Today, our operations continue to expand outside Nigeria. We are proud of our growth and are seeking investments and partnerships to fuel this expansion”.
Also commenting, the company’s Head of Products and Innovation,Basil Agbor said, “Innovation and technology have been critical factors in our success story. We are building products that integrate digital technology with tailored service delivery to improve booking and travel experience. As we join Africa’s premier investment event, we’re looking forward to connecting with visionary investors who share our passion for advancing the private aviation sector”.
Over 1,500 investors, dealmakers, business leaders are expected to attend AFSIC, with 350 speakers providing insights into Africa’s economic transformation.
Falcon Aerospace offers private jet charter, aircraft maintenance, sales, and fractional ownership through its diversified portfolio, including Vivajets, Charterxe, and FlyPJX.