Mexicana went into administration overnight. We have collated a brief summary of the airlines fleet and lessors.
Results tagged “fleet”
At a customer meeting a few weeks ago I was asked what airlines were on my watch list this year. Apart from saying “everybody but nobody” I couldn’t think of a single name. As the industry enters another year of losses, how is it that we haven’t had more bankruptcies?
Recent management changes at Air Canada, including the return of Calin Rovinescu as the new President and CEO, have set off a swirl of speculation regarding the company's strategic vision and business plan. Mr. Rovinescu made his mark at the Air Canada during in the early 2000's, notably in the role of Chief Restructuring Officer. He was the architect of the airlines current corporate holding company structure and the key company negotiator in bankruptcy restructuring. Now that he has returned, industry analysts are pondering the implications for Air Canada.
China has seen tremendous growth in all sectors over the past decade, the airline industry and the sectors around it being no exception. The graph below shows the percentage growth in the in-service airline fleet in China as compared to the percentage growth in the global airline industry. The notable trend here is that between 1999 and around 2003 the two seemed to be moving similarly, around this time the Chinese fleet bottomed out at around -2.0% growth.
Given the events of the last 48 hours Ascend believes this synopsis of the ILFC fleet will be of interest. We have provided a brief breakdown of the ILFC fleet by aircraft type, by region, and by top 20 operators. Additionally, we have used data from our Ascend Online Fleets and V1 databases to approximate a generic half-life market value for the entire fleet.
While most major airlines in the world’s largest aviation market continue to struggle through a period of economic uncertainty, it’s important to examine the overall growth and contraction of different sectors of the global aviation industry.
« Previous
1
Next »