IBA, an aviation market intelligence and consultancy company, has shared its expectations for the global aviation market in 2024, examining macro-economic factors, supply and demand, and challenges to airline and aircraft values
Browsing: aviation recovery
Orders placed and deliveries made in July 2023 indicate a buoyant aerospace sector, with the backlog of aircraft orders continuing above pre-pandemic levels. Aircraft deliveries are also healthy. Aviation’s recovery is expected to exceed pre-pandemic levels, says ADS
The latest Aviation Industry Barometer from aviation consultancy, IBA, predicts that global passenger ASKs (available seat kilometres) will surpass 2019 levels by October 2023, having reached 95% of pre-pandemic ASKs in June 2023
Resilience and growth: exploring the role of the Aircraft, Crew, Maintenance & Insurance (ACMI) leasing industry’s ability to overcome obstacles and support revenue generation in the aviation sector’s recovery
There are many reasons for the commercial aviation industry to be positive, including a boost in passenger levels, and increasing orders for large aircraft which means MRO systems are now in hot demand. And there’s more to be optimistic about, says Rob Mather from IFS. The opportunities are there for the taking