Narrowbody aircraft dominate the commercial aircraft landscape in absolute fleet terms As of April 2017, there are almost 16,000 NB aircraft in service worldwide with an order backlog of almost 11,000, a record number Widebody and regional jet aircraft are diminished in comparison And, the disparity is likely to get larger: the backlog of NBs […]
Passenger and Air Cargo growth strong and sustained Both passenger and cargo traffic registering robust growth over last four years Passenger traffic has averaged 6.1% growth during past 50 months; cargo, 4.8% All major world regions with strong growth performance Main drivers of growth continue to be economic, market liberalization, and global trade However, some […]
Despite an “undeserved” reputation as a pessimist, Adam Pilarski, Senior Vice President at AVITAS, is upbeat about aviation’s the short-term prospects, although a downturn is on the way. At the recent Dublin Airfinance conference, a speaker addressing the question as to where we are in the cycle recited a long list of factors supporting the positive […]
If aircraft are returned late or in an unacceptable condition at the end of lease, the operator can face significant compensation costs. Recommended best practice for the aircraft lease transitions process are highlighted here, including the need for detailed, advanced planning. AVITAS’s Bruce Burnett advises on the best practices for aircraft leasing, read more here […]
With interest rates increasing, it is instructive to remember this interest rate vs. aircraft retirement relationship
Delta Air Line pilots approved their new contract last week. While all details are not available, there are some clear winners and losers: Winners: Delta Air Line mainline pilots: they get a 30% pay raise over four years Other US airlines (and maybe airline pilots in Europe): they will want what Delta pilot’s got Delta […]
Delta Air Lines has 20 different aircraft fleet types and models today; largely a result of its merger with Northwest Airlines and other fleet acquisitions. The narrowbody aircraft space for Delta has grown at a considerable rate vs. its widebody fleet. Delta’s narrowbody fleet has grown by 101 units over the last six years (2010 […]
The times they are a changin’, and they seem to be heading back 50 years, writes Adam Pilarski, Senior Vice-President at AVITAS. How the world is changing. I remember fondly listening to Bob Dylan half a century ago never imagining that he would eventually become a Nobel Prize laureate. This astounding development is nothing compared to what […]
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 Double digit YoY percent changes in oil price […]
Aircraft fleet development for European domiciled airlines has been in the midst of a definitive aircraft size migration which in part is driving similar worldwide trends Aircraft between 136-175 seats such as the A320 and the 737-800 has grown consistently and appears unconstrained Year over year fleet growth for 136-175 seat types has averaged 9% […]