Newswatch 7th September 2017
So here we are, vacation/holidays all used up and ready to go in what is likely to be a roller coaster four months before calendar year end with increased uncertainty around:
1. The future of Air India, Alitalia and Air Berlin
2. How the GTF and LEAP settle into normal operations
3. How the OEM orderbooks develop and how their production lines manage
4. Where interest rates go
5. Where fuel price goes
6. Where the US dollar fx goes
And for IBA we see nothing but opportunity – the formal launch of iQ, our new data and intelligence platform. Our latest market update event in Dublin (register here), developing the presence in Asia. Actually, it’s just like any other four months isn’t it?!
The FT ran an impressive article on the Gulf airlines on Tuesday, click here to read it. Coincidentally we were looking at 777X orders and, as the table below highlights, the three Middle East carriers look to account for 235 of the 326 orders to date – including the $76bn order from Emirates. Given the potential slowdown in the region I would question if these carriers will need all of these aircraft by the expected delivery period, set for between 2020-2022. Something to watch out for…
Cathay Pacific 21
Etihad Airways 25
Qatar Airways 60
Last month we launched our new freighter advisory business which is proving to be popular. Next week we are hosting a webinar on freighter conversions, the session will discuss multiple options for mid-life pax aircraft, click here to register.
Almost forgot that we have already kicked off the conference season in China at Oppland’s 3rd Annual Aircraft Remarketing & Trading Management forum. Moshe Haimovich, Head of Freighter Advisory, delivered a Freighter and Cargo Conversion Market Outlook – contact firstname.lastname@example.org if you would like a copy of the slide deck. ISTAT EMEA is just around the corner and once we turn that corner we’ll be in Dubai and then New York.
Finally, Kane Ray our Head Engine Analyst contributed to a recent InsideMRO article that looks at the growth in the Engine leasing market. Click here to read.