Some interesting commercial aviation and aircraft leasing trend & forecast metrics by Alton Aviation Consultancy; 1️⃣ The new aircraft order backlog from OEMs represents a massive ~50% of the current in-service fleet. 2️⃣ Current fleet of 31,200 projected to grow to 41,100 by 2034 (2.8% annual growth). 3️⃣ The substantial order backlog coupled with strong aircraft demand means lessors keep mid- and mature-life aircraft flying longer, as Alton notes lessor aircraft retirements now average ~300 per year versus ~400 pre-pandemic. With higher demand, extended aircraft lease life-cycles, and more mid-mature aircraft being (re)leased, it is imperative aircraft lessors stay on top of asset, contract, and maintenance reserves management / forecasting to protect asset values, and therefore eventual part-out / trading potential. V1 Aviation Asset Management LLC offers lessors asset & contract management, and technical / MR forecasting coverage when required - please get in touch to see how we can help protect your fleet! ✈️
Alton Aviation Consultancy recently completed its 10-year commercial aircraft fleet forecast. Notwithstanding the ongoing supply chain challenges impacting Original Equipment Manufacturers’ (OEM) production rates, Alton forecasts a steady 2.8% commercial aircraft fleet annual growth rate over the coming decade. For detailed insights regarding fleet growth drivers and market dynamics, read the full whitepaper below or download at: https://lnkd.in/eUueckjb #whitepaper #report #airlines #fleetdata #aviationconsultancy