Why the big increase in mid-size and large narrowbody aircraft?

Why the big increase in mid-size and large narrowbody aircraft?

Why the big increase in mid-size and large narrowbody aircraft?

 

  • In service small narrowbody aircraft have trended flat over the long term
  • But, mid size narrowbodies such as the A320 and the 737-800 have been popular and the trend has accelerated in recent years
  • Large narrowbodies such as the Airbus A321 are now increasing as well

Narrowbody Aircraft Fleet Trend

  • Double digit YoY percent changes in oil price in 17 of the last 20 years
  • And the changes are challenging to predict
  • Airlines looking for a hedge against a volatile but critical commodity for their operation
  • So, go bigger as larger aircraft tend to have lower seat cost per mile
  • Oil price change not the only reason for this trend but is a big part of it