Forests play a pivotal role in mitigating climate change as well as contributing to the socio-economic activities of many countries. Therefore, it is of paramount importance to monitor forest cover. Traditional machine learning classifiers for segmenting images lack the ability to extract features such as the spatial relationship between pixels and texture, resulting in subpar segmentation results when used alone. To address this limitation, this study proposed a novel hybrid approach that combines deep neural networks and machine learning algorithms to segment an aerial satellite image into forest and non-forest regions. Aerial satellite forest image features were first extracted by two deep neural network models, namely, VGG16 and ResNet50. The resulting features are subsequently used by five machine learning classifiers including Random Forest (RF), Linear Support Vector Machines (LSVM), k-nearest neighbor (kNN), Linear Discriminant Analysis (LDA), and Gaussian Naive Bayes (GNB) to perform the final segmentation. The aerial satellite forest images were obtained from a deep globe challenge dataset. The performance of the proposed model was evaluated using metrics such as Accuracy, Jaccard score index, and Root Mean Square Error (RMSE). The experimental results revealed that the RF model achieved the best segmentation results with accuracy, Jaccard score, and RMSE of 94%, 0.913 and 0.245, respectively; followed by LSVM with accuracy, Jaccard score and RMSE of 89%, 0.876, 0.332, respectively. The LDA took the third position with accuracy, Jaccard score, and RMSE of 88%, 0.834, and 0.351, respectively, followed by GNB with accuracy, Jaccard score, and RMSE of 88%, 0.837, and 0.353, respectively. The kNN occupied the last position with accuracy, Jaccard score, and RMSE of 83%, 0.790, and 0.408, respectively. The experimental results also revealed that the proposed model has significantly improved the performance of the RF, LSVM, LDA, GNB and kNN models, compared to their performance when used to segment the images alone. Furthermore, the results showed that the proposed model outperformed other models from related studies, thereby, attesting its superior segmentation capability.