Neelam Mathews Sept 5, 2011 For contenders looking at short and long-haul low cost business model in Africa, the sky is the limit, said Suresh Nair Regional Manager, India, Sri Lanka & Bangladesh, AirAsia Group at the Africa Summit held recently. Talking about "How LCCS can open the African Aviation Market-An AirAsia perspective", Nair gave the example of the success story of AirAsia that opened up the Asia Pacific market growing from a 2 aircraft fleet in 2001 to 105 aircraft today, living up to its tagline "Now everyone Can Fly". Today in 9 years AirAsia with 105 aircraft operates more than 140 routes to 78 destinations in 27 countries. Africa is ready for more budget airlines even as the fastest growing airlines in Africa are all LCCs - Air Arabia Egypt, Air Arabia Morocco and 1Time. It has 56 countries, over one billion people, more than half under the age of 25, 2,436 airports, approx. 600+ aircraft and an a verage economic growth of 5.5%. Boeing an...