Lessor Orderbooks to Be in High Demand as Supply Shortage of Aircraft Continues
The delivery of over 1,450 new large commercial aircraft will help drive airlines’ passenger revenues up 12% to US$717 billion.
- The delivery of over 1,450 new large commercial aircraft will help drive airlines’ passenger revenues up 12% to US$717 billion.
- Airlines and lessors that waited to commit to new orders to source new aircraft risk waiting into the next decade for supply.
- Manufacturers: The undersupply of aircraft will take years to unwind, increasing the value of delivered aircraft, and extending their economic lives.
- Airlines’ growth in 2024 will be supported by around US$100 billion in new aircraft deliveries, with lessor orderbooks and capital supporting fleet expansion plans.