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Lagos (Nigeria) ↔ Luanda (Angola)

Lagos (Nigeria) ↔ Luanda (Angola)

Route Status: Underserved
Route Type: Intra-African international
Region: West–Southern Africa

1. Demand & Passenger Traffic

Current demand (2024): ~52,000 passengers/year
Past demand (2022): ~49,765 passengers
Forecast demand (2026): ~54,487 passengers
Annual growth rate: ~2.3% CAGR
Main traveler types: Energy, corporate, diplomatic
Top O&D substitute cities: Addis Ababa, Johannesburg, Casablanca
Total travel time saved with direct flight: 5–9 hours per trip
Average ticket cost (2024): $950–$1,450 round trip

2. Revenue Projections

Estimated average yield: ~$230 per passenger
Estimated annual route revenue: ~$12 million
Potential net revenue after ops costs: ~$3.2–4.1 million
Pricing advantage: Direct route could reduce fares by 25–35%
Seat load target: 60–65% for sustainability

3. Economic Justification

Nigeria: Largest oil producer in Africa
Angola: Major energy exporter with growing foreign investment
No nonstop option between key petroleum economies
Luanda–Lagos trade and logistics remain inefficient

4. Aircraft & Operational Details

Aircraft types: A320neo, Boeing 737 MAX 8, Embraer E195-E2
Flight time (direct): ~4hr 15min
Range: Easily covered
Runway length: Adequate at both ends

5. Proposed Launch Strategy

Initial frequency: 2x weekly
Scaling target: 4–5x weekly within 12–15 months
Ideal timing: Midday departure from Lagos, early evening return from Luanda
Feeder network: Lagos–West Africa; Luanda–Central/Southern Africa

6. Strategic Value

Nigeria–Angola energy corridor
Faster executive and investor travel
Strengthens West–Southern Africa trade routes
Unlocks high-value corporate demand

7. Recommended Airlines

TAAG Angola Airlines
Air Peace
Africa World Airlines