IBA’s latest Aviation Industry Barometer reveals that passenger ASKs from Chinese operators were trending at 96% of 2019 levels in July 2023, a strong increase from 89% in June 2023. IBA’s leading aviation intelligence platform, IBA Insight, further shows that in July: Monthly global passenger capacity edges closer to a full recovery, reaching 97% of pre-pandemic ASKs in July 2023, a gain of +2% compared to June 2023. In July, operators from Africa, North America, Latin America and the Middle East surpassed pre-pandemic capacity, while operators in APAC and Europe continue to lag slightly behind. APAC operator capacity has now surpassed 90% of pre-pandemic levels, supported by a strong July within the Chinese market. Assessing the current trend, IBA expects global passenger ASKs to surpass 2019 levels by October 2023. In July 2023, there were approximately 04 million commercial passenger flights, compared to 2.82 million in June 2023, while 2.64 million flights were recorded in July 2022. Chinese operators recorded 451k commercial passenger flights in July 2023, compared to 388k in June 2023 and 296k in June 2022. There were 110 commercial aircraft deliveries in July 2023, representing a month-on-month and year-on-year variance of -24% and +34% So far during 2023, Airbus A320neo deliveries have averaged 45 per month, compared to Boeing's 737 MAX at 35 per month. -ENDS- About IBA IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting-edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus. An independent, innovative and forward-thinking business, IBA has over 35 years of heritage and experience in aviation. Having won the Sustainable Technology award for its IBA NetZero platform in 2023 and for its Carbon Emissions Calculator in 2022, and being named 'Appraiser of the Year' by their clients for five years, IBA prides itself on its integrity, fierce independence, and continual innovation. The key to IBA’s success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients. For more information, visit www.iba.aero IBA media contacts Charlie Hampton / Faye Clarke Email: [email protected] / [email protected] Mobile: +44 (0)7884 187297
IBA, the leading aviation market data and intelligence company, has today announced the acquisition of the Fleetwatch application from Aeromanage. Fleetwatch provides the aviation leasing and finance community with mobile device alerts, linked to aircraft flight events and status changes, using ADS-B data. The application provides enhanced visibility to key stakeholders around how aircraft are being operated, enabling proactive and reactive portfolio management, forming an integral part of their risk mitigation toolkit. Alongside IBA’s recently launched Data and News Alerting from its IBA Insight aviation intelligence platform, the Fleetwatch acquisition, and integration, further demonstrates IBA’s commitment to delivering its clients enhanced insights that can be leveraged to manage risk and drive value creation. IBA's President, Phil Seymour, says: “We are excited to be enhancing our aviation intelligence capabilities with this acquisition of Fleetwatch. It will now form an integral part of our suite of News and Alerting solutions, providing key industry stakeholders such as lessors, banks, investors and insurers with top class insights and live updates about their fleets.” Fleetwatch will provide subscribers to the IBA Insight platform with a range of information, via daily notifications, that can highlight a variety of significant aircraft use scenarios. Fleet/Aircraft Discrimination Users will be able to see if their aircraft are being over or under-utilised compared to the average. Users will also be able to track the aircraft’s flight lengths and distances and compare the average for that model at the same operator. This will enable users to assess evolving operational patterns and whether maintenance implications, such as reserve and compensation rates need to be adjusted for this, to forecast revenue scenarios in PBH (power by the hour) agreements, and to be alerted to return condition scenarios where under or overutilisation is a factor. Grounding Fleetwatch enables users such as lessors, banks and investors to see if their aircraft have been on the ground for prolonged periods, allowing them to contact the operator to enquire about any issues. Fleetwatch will alert users if their aircraft has been grounded for any more than two days, allowing aircraft owners to keep track of their leased fleets and identify any problems early. Prohibited Destinations Lessors, banks, investors and insurers can receive alerts from Fleetwatch which flag if their aircraft have entered prohibited destinations, enabling them to monitor operators’ compliance with contractual terms and any sanction restrictions. Ivan Borysenko, Senior Manager - Director at Aeromanage, said: “The insights that Fleetwatch provides will provide a significant addition to IBA’s aviation intelligence capabilities. It will give the IBA Insight platform users access to timely updates on aircraft status, allowing issues to be identified as early as possible and solutions developed.” -ENDS- About IBA IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting-edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus. An independent, innovative and forward-thinking business, IBA has over 35 years of heritage and experience in aviation. Having won the Sustainable Technology award for its IBA NetZero platform in 2023 and for its Carbon Emissions Calculator in 2022, and being named 'Appraiser of the Year' by their clients for five years, IBA prides itself on its integrity, fierce independence, and continual innovation. The key to IBA’s success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients. For more information, visit www.iba.aero IBA media contacts Charlie Hampton / Faye Clarke Email: [email protected] / [email protected] Mobile: +44 (0)7884 187297
- IBAは、1日あたり1800トンのCO2が無駄に使用されると推定しています。 - IBA代表取締役、Phil Seymour ヒースロー空港が航空会社に対し、ヒースロー空港での燃料の引き上げをできるだけ少なくするよう要請したというニュースは、間違いなくCO2排出量が増加することを意味します。 では、その規模はどの程度であり、航空会社はこの状況にどのように対処するのでしょうか。 IBA は、ヒースロー空港の燃料供給問題の結果として、1 日あたり 1,800 トンものCO2が無駄に使用されていると推定しています。 ヒースロー空港で9日間問題が発生した場合、地球上で16,200トンものCO2が無駄に使用されることになります。 必要以上の燃料を搭載することは、燃料の「タンカリング」として知られています。 CO2 排出量が注目される前の時代、出発空港での燃料価格と目的地での燃料価格を考慮する際に、航空会社がよく使用していた手法でした。 特定のフライトに必要な量を超える重量や燃料を運ぶにはコストがかかります。航空機が重くなればなるほど、離陸や上昇に必要な推力が増し（そのため、より多くの燃料が使用されます）、エンジンの消耗が激しくなり、着陸重量が重くなればブレーキの摩耗が大きくなります。 CO2 排出量への注目が高まるにつれ、燃料燃焼量の増加は排出量の増加を意味するため、タンカリングは好ましく思われないようになってきました。 ヒースロー空港は、航空会社に対し、ヒースロー空港で積み込む燃料を制限するよう要請しており、これはヒースロー空港に乗り入れる航空会社がタンカリングに協力しなければならないことを意味します。 現実的に言えば、遠く離れた目的地から到着する航空機は燃料容量のほぼすべてを使用するため、選択肢はほとんどありません。 つまり、シンガポールからヒースロー空港へ向かうB777では、復路に十分な燃料を搭載できないということです。 しかし、IBAは、米国東海岸や中東などの地域から毎日約60便のヒースロー空港への到着便が、復路に十分な燃料を積んで出発空港を出発できる可能性があると推測しています。 仮説として、B777-300ER のニューヨークにあるジョン・F・ケネディ国際空港からヒースロー空港への復路便での例を考えてみましょう。 777-300ERを選択したのは、非常に高い燃料搭載量、この場合では、大西洋横断便の往復に十分な燃料を搭載できるからです。 ジョン・F・ケネディ国際空港を出発する場合、航空会社は、区間特性と機体重量に基づく推定燃料消費量に、迂回や天候の問題に対する様々な不測の事態を加えた「旅程燃料」を決定します。この例では、燃料搭載量を60トンとしていますが、燃料消費量はもっと少ないかもしれません。 航空会社ができるだけ多くの燃料を持ち込むようにという要求を考慮すると、航空会社はさらに多くの燃料を積んで出発する必要があり、この場合、追加で 50 トンと想定されます。 したがって、航空機は110トンの燃料を積んでジョン・F・ケネディ国際空港を出発することになります。超過重量を運ぶために、さらに 50トンの追加燃料も必要になります。 通常、この係数は、そのセクターの次の条件に基づきます。当初の計画燃料を超えて燃料が 1 トン追加されるごとに、追加の燃料燃焼量は 1 トンあたり 0.2 になります。 したがって、この例では、50トンの追加で10トンの燃料を燃やすことになります。 CO2 換算すると、この追加燃料を運ぶために「無駄に使用される」CO2が30トン以上増えることになります。 ヒースロー空港を出発する同様のフライトが 1 日あたり 60 便あると仮定すると、1日あたり1800トンのCO2が無駄に使用されることになり、9日間を想定すると、16,200トンのCO2が地球上に無駄に排出されることになります。 IBA NetZero の商用航空炭素計算機の決定版をご覧ください。 デモを予約してください
The latest Aircraft Market Intelligence Reports (AMIRs) published by IBA underline the strengthening order position and positive underlying value trend in the commercial aircraft market. The quarterly reports from the leading aviation market intelligence and consultancy company reveal that the Airbus A320neo family locked in the majority of the narrowbody orders at the recent Paris Air Show, with a record 500 aircraft order from IndiGo. Airlines also placed significant commitments for widebody aircraft at the show, including around 50 Airbus A350s and 30 Boeing 787s. New narrowbodies Data from the IBA Insight intelligence platform shows the Boeing 737 MAX 8 aircraft fleet is now accelerating with over 1,100 deliveries. Parking and storage declined compared to previous quarters against a backdrop of strong demand and continued return-to-service following the earlier grounding of the type. Lease rates for the aircraft were in the mid-US$300,000 range in the second quarter, with similar lease rate performance exhibited by the Airbus A320neo. Elevated new aircraft demand was evidenced by a strong spread of orders at the Paris Air Show in June 2023, highlighting how operators looked to lock in future delivery positions for fleet growth and renewal. The Airbus A320neo family attracted the bulk of the narrowbody orders in Paris, which included a record order from IndiGo for 500 aircraft. Boeing also won new orders for its MAX family in the second quarter, with lessor Avolon placing an order for 40 MAX 8s at the Paris Air Show. Additionally, Ryanair firmly committed to 150 MAX 10 examples, the largest variant of the MAX family, in May, plus options for a further 150. Market values of the MAX 8 and A320neo continue to converge, a trend expected to continue through the third quarter. New examples of both aircraft types are exhibiting values in the US$51.5-53.0 million range during the second quarter, with a slight, yet narrowing premium for the A320neo. IBA’s insights reveal that a strong demand, escalation in new aircraft pricing and the continued high-interest rate environment will drive further increases in values and lease rates of this asset class through the third quarter. Used narrowbodies The positive trend of value recovery continues for the used narrowbody segment as well, with the market value of the popular Boeing 737-800 continuing to trend back towards the base value. The popularity of this aircraft, both in passenger markets and the freighter conversion space, has supported this movement, which is forecast to continue into the third quarter. The competing Airbus A320ceo has had a similar trend, and whilst the aircraft was lagging in value performance last year, the recovery relative to its peer reported in the first quarter has continued to manifest. The used narrowbody market is proving to be an important source of capacity for airlines to fill their Northern Hemisphere summer schedules, with deliveries of new aircraft remaining subdued. Although A320ceo values are recovering, the 737-800 retains a premium, with a 10-year-old example of the former residing below US$20 million in the second quarter, compared to the 737-800 which exhibited values in the low US$20 million range. Feedback from the market suggests a notable uptick in lease rates, supported by competition between airlines to take delivery of available assets. This can be a leading indicator of value performance, so IBA adopts a positive value outlook for this sector of the narrowbody market through 2023. New widebodies IBA’s data shows that new widebody aircraft, including the Airbus A350, Boeing 787 and Airbus A330neo, are benefitting from the recovering long-haul markets post-Covid and the slow supply of new aircraft from the OEMs. To capitalise on this long-term recovery, airlines placed significant commitments for widebody aircraft at the Paris Air Show in June. Customers committed to around 50 Airbus A350s and 30 Boeing 787s, with the 787-9 and Airbus A350-1000 proving to be the most popular variants. The 787-9 has received the strongest demand throughout the 787 programme, as the demand has shifted materially from the -8 to the -9 throughout. Likewise, the A350-900 has seen the most demand in its family, with orders approaching 800 and deliveries rising towards 500. Recent order activity appears to be concentrated on the larger A350-1000 variant. While it is yet unclear whether this will develop into a longer-term trend, a strong operator base, attractive payload range capability and a large Boeing 777-300ER fleet of over 800 aircraft in need of longer-term replacement suggest it might. This is particularly true as the entry-into-service of the Boeing 777-9 is not due until 2025. Data from IBA Insight shows the market values of the new widebody class continue to recover through the second quarter, with a positive outlook for the remainder of 2023. New Airbus A350-900 aircraft values in quarter two were around US$150 million depending on specification, whilst the value of a new A350-1000 approached US$170 million. The Boeing 787-10 attracted values approaching US$160 million for a new aircraft, whilst the mid-size 787-9 was valued in the low-US$140 millions. Used widebodies The mid-life widebody market also benefited from the continued resurgence in long-haul travel. Whilst IBA has yet to see a full recovery in international traffic to pre-pandemic levels, supply chains and labour shortages have shifted a focus to retaining existing fleets, reactivating stored aircraft and bringing in previous-generation aircraft to add capacity. Although storage and parking levels of the Airbus A330ceo family appear relatively high at over 20% of the fleet, there is demand for aircraft in good maintenance condition. Demand for Airbus A330-300 passenger to freighter conversions, combined with rebounding passenger demand, has improved the outlook for values and lease rates. A 10-year-old A330-300 aircraft in half-life condition attracted a market value in the second quarter approaching US$20 million and lease rates in the low-US$200,000 per month range. The Boeing 777-300ER is a beneficiary of the recovery in traffic between Europe and Asia and the steady weekly growth in long-haul country pairs. Lease placements more than doubled in the second quarter, with flag carriers including Qatar Airways and Turkish Airlines taking aircraft on lease. Such improved demand, set against a backdrop of continued lease extensions amongst key operators creates a promising outlook for values and lease rates through quarter three. In the second quarter, a five-year-old Boeing 777-300ER was valued at around US$61 million in half-life condition, whilst a typical 10-year-old aircraft was in the low- to mid-US$30 million range. As well as this, Boeing 777-300ER lease rates were around US$350,000 per month. However, some lease extensions were observed at higher rates. Freighters The data in IBA’s AMIRs also reveal insights into the freighter market. IBA previously reported that the value performance of the Airbus A330‑300P2F has continued to show resilience, despite a softening cargo market. A backdrop of increasing feedstock pricing and declining supply is contributing to this trend. IBA continues to observe aircraft being acquired with conversion in mind, with a 2012 vintage example acquired in the second quarter for conversion and operation with DHL. A330-300P2F aircraft in the 2007 to 2013 vintage range attracted a Market Value in the mid‑US$30 million to mid-US$40 million range in quarter two. Despite the dwindling feedstock and strategic move towards the newer A330 conversion products by some of the major operators, including DHL and Amazon, conversions of passenger Boeing 767-300ER aircraft to freighters continued at IAI Bedek’s Tel Aviv conversion facility in the second quarter. Half-life market values in the mid-to high-US$20 million range could be achieved in quarter two for recently converted aircraft with mid-2000 vintages. Lease rates in the second quarter were broadly in the mid-to high-US$200,000 per month range. In the factory freighter market, the 777F continues as the only OEM in-production option and is enjoying stable value and lease rate performance. New aircraft in quarter two attracted a market value in the high-US$150 million to low-US$160 million range. Monthly lease rates were between US$1.25 and US$1.35 million depending on credit and lease terms. Continued strengthening in the passenger 777-300ER market should keep feedstock in tight supply and limit the pace of conversion. With the A350F still four years away and the 777-8F longer still, the Boeing 777F should continue to enjoy a positive outlook over the coming years. - ENDS - Note to Editors Copies of IBA’s Aircraft Market Intelligence Reports are available to be used upon request. While data and insights may be re-used if credited to IBA, the report may not be copied or re-produced in full. To request a copy of the latest AMIR and EMIR (Engine Market Intelligence Reports) reports, click here. About IBA IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting-edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus. An independent, innovative and forward-thinking business, IBA has over 35 years of heritage and experience in aviation. Having won the Sustainable Technology award for its IBA NetZero platform in 2023 and for its Carbon Emissions Calculator in 2022, and being named 'Appraiser of the Year' by their clients for five years, IBA prides itself on its integrity, fierce independence, and continual innovation. The key to IBA’s success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients. For more information, visit www.iba.aero IBA media contacts Charlie Hampton / Faye Clarke Email: [email protected] / [email protected] Mobile: +44 (0)7884 187297
IBA, the leading aviation market intelligence and consultancy company, has launched a range of enhancements for its IBA Insight platform with new alerting functions, and industry news delivered in partnership with Aviator. Global aviation news is now available to IBA Insight subscribers, covering all aspects of the industry including orders and deliveries, airline earnings, route announcements, start-ups, failures, financing and transactions, ESG and more. IBA has also introduced Alerting to IBA Insight, which allows users to create bespoke alerts based on news and also database changes such as orders, events, statuses and organisation changes. With the ability to set these alerts on a daily, weekly or monthly interval, users will receive emails with downloadable links which contain articles and data linked to the specified alert. Order alerts allow users to understand when new aircraft orders are placed. Users can filter these alerts by aircraft family, types, models or by operators. Event alerts give users the ability to monitor significant events for an aircraft type or airline. The scope of this alerting feature is diverse, ranging from deliveries, lease starts and ends, to damage and aircraft retirement. Additionally, users now have the option of Status alerts. This allows users to stay up to date with changes to the operational status of aircraft they have an interest in such as which assets have returned to service from storage, and which aircraft have moved from active service to parked. Looking more widely at organisations, users can now create alerts based on organisation changes for an aircraft. This can be changes in the aircraft owner, manager, or operator. This enables users to keep track of which aircraft are being transacted, and the operational and financial organisations involved. Nick Stafford, Product Development and Digital Transformation Director at IBA, said: “We are always looking for new ways to ensure our users get the context and data they need to make effective decisions. IBA Insight now allows you to not only access actionable insights on the platform, but also be proactively alerted to industry movements through news and data alerting every day.” More information on IBA Insight and IBA NetZero is available here. -ENDS- About IBA IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting-edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus. An independent, innovative and forward-thinking business, IBA has over 35 years of heritage and experience in aviation. Having won the Sustainable Technology award for its IBA NetZero platform in 2023 and for its Carbon Emissions Calculator in 2022, and being named 'Appraiser of the Year' by their clients for five years, IBA prides itself on its integrity, fierce independence, and continual innovation. The key to IBA’s success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients. For more information, visit www.iba.aero IBA media contacts Charlie Hampton / Faye Clarke Email: [email protected] / [email protected] Mobile: +44 (0)7884 187297
IBA, the leading aviation market intelligence and consultancy company, outlined a largely positive outlook for the helicopter market in a webinar earlier this week. IBA’s expert panel signposted a number of key positive factors for the market including expected continued growth in helicopter leasing, the easing of supply chain issues, growth opportunities in sectors such as EMS (Emergency Medical Services),offshore and wind farms, and the successful introduction and growth of the super medium helicopter category. Looking at the market overall, IBA lists its addressable value at more than US$55 billion, with a current global fleet of over 22,000 ‘western built’ turbine helicopters. Deliveries of these types have averaged around 500 per year in recent years, with a fall to under 500 in 2022 due to supply chain issues. IBA forecasts that this will recover to 475 - 525 airframes in 2023. Lease penetration is highest in Europe and North America, followed by Asia and South America, with the Leonardo AW139 and the Sikorsky S-92A leading the leasing market. The largest market segment is light helicopters, which remain central to EMS, utility and short-range transport missions. The Airbus H125 and H145, and the Bell 407, are among the most popular models in this category, with an average of 350 annual deliveries for the past five years. IBA estimates up to 360 light helicopters will be delivered in 2023. The medium helicopter fleet reached around 3,800 aircraft by the middle of 2023, used for a variety of functions including EMS, Search and Rescue (SAR) and offshore operations. The most popular aircraft in this category are the Leonardo AW139 and AW169, the Bell 412 and the Airbus H155. IBA forecasts that deliveries will significantly increase in 2023 to as many as 75 helicopters, compared to around 55 in 2022. The newer super medium category, which was initiated in 2013-14 with the introduction of the Leonardo AW189 and Airbus H175, is seen by many as the replacement for existing heavy helicopters given their more compelling operating economics. IBA estimates that up to 10 aircraft of this size will be delivered in 2023. The heavy helicopter segment is dominated by the Airbus H225 and Sikorsky S-92 families. It has experienced very low delivery rates since 2016, but is now experiencing a revival in the used market driven by higher oil prices and increased level of offshore activity. However, delivery rates for the segment are still very modest, with IBA estimating up to four in 2023. IBA forecasts burgeoning growth in a number of key helicopter operating sectors, led by EMS which it estimates will grow from 14% to 19% of the market over the next decade. Offshore operations, taking into account the fast-growing offshore and wind farm sector, are forecast to increase from 4% to 7%, and firefighting from 2% to 3%. All helicopter segments have seen a recovery in values post pandemic, but the heavy segment is lagging behind. The market values of the light, medium and super medium categories are at 115%, 111% and 106% respectively of Base Values, with IBA predicting further value growth for all in 2023 and 2024. However, heavy helicopters are currently at 80% of Base Values with an uncertain future outlook. Lease rates have also recovered significantly, but with the same size category trends. Light helicopter lease rates are now at 112% of 2019 levels, with medium and super mediums both at 110%, and with further growth forecast by IBA for 2023 and 2024. Much like the value outlook, the near-term future of heavy helicopter lease rates remains uncertain and will be heavily influenced by movements in oil price. Should oil remain at current levels or increase, the outlook for heavy helicopter lease rates will remain positive. - ENDS - About IBA IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting-edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus. An independent, innovative and forward-thinking business, IBA has over 35 years of heritage and experience in aviation. Named 'Appraiser of the Year' by their clients for five years, and most recently winning the Sustainable Technology award for its Carbon Emissions Calculator, IBA prides itself on its integrity, fierce independence, and continual innovation. The key to IBA’s success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients. For more information, visit www.iba.aero IBA media contacts Charlie Hampton / Faye Clarke Email: [email protected] / [email protected] Mobile: +44 (0)7884 187297
Over the past few weeks, we have been focusing heavily on supply chain, order rumours, regional growth, ESG, rising costs, failures pointing the blame at reliability and strengthening airline results; probably the key factors that have so far defined the mood of 2023. That mood has a chance to thoroughly express itself in one week’s time as we head to Paris Air Show after a four-year break. So, IBA has been focusing on considering all the rumours and other key factors, and combining them with our own analysis to develop our customary pre-show predictions. Of course, as we all know, deals aren’t struck at air shows. However, they are the public face of where airlines and lessors can play their hand in securing future market share, the primary PR events for OEMs across all aviation sectors, and serve equally well as the industry barometer to close off the first half of the year.
IBA, the leading aviation market intelligence and consultancy company, examined the eVTOL market in its latest webinar, presenting a valuation model and depreciation trends over a projected 10-20 year lifespan.
IBA’s latest Aviation Industry Barometer shows that monthly global airline passenger capacity as measured in available seat kilometres (ASKs) is steadily reaching pre-pandemic levels, with 95% recorded in April 2023.
This week an agreement was made with Boeing for up to 300 737 MAX 10 aircraft. IBA, the leading aviation market intelligence and consultancy company, notes that while only 150 will be firm orders, with the remaining being options, a narrowbody order of this scale is more typical of recent orders placed by carriers in Asia or the US. This order also dwarfs the 196 A321 aircraft order of Wizz Air in November 2021.
欧州連合域内排出量取引制度（ETS）と国際民間航空機関（ICAO）の国際航空の成長スキームに関連する新しい航空規制が、特定の航空会社や航空タイプに著しく異なる影響を与えることが、航空市場情報およびコンサルティングの大手企業IBAのデータにより明らかになりました。 IBAの最新のウェビナーでは、同社の専門家が、ESG投資の主な推進力として、政府・規制の圧力、ESGのリスクと成長、消費者の意識、カタリストとしてCovid-19の4つがあることを明らかにしました。 IBAは、ESG関連法規制が航空業界に与える影響を示すために2つのケーススタディを行い、最終的には、この2つが特定の航空会社や航空会社の種類に与える影響が異なることを強調しました。 最初の事例はCORSIA（国際民間航空のためのカーボン・オフセット及び削減スキーム）で、2019年排出量の85％をベースラインとした測定・報告・検証（MRV）プロセスを導入しています。すでに参加意思のあるICAO加盟国を対象としたパイロットフェーズで導入が始まっています。 IBAは、需要がパンデミック前に近い水準に戻る2024年まで、排出量が基準値を超えることはないと表明しています。しかし、免除対象国を除いて、全てのICAO加盟国に加入が義務付けられるのは2027年以降です CORSIA（国際民間航空のためのカーボン・オフセット及び削減スキーム）は世界的なスキームですが、各地域に一様に影響を与えることはないとされています。IBAネットゼロのプラットフォームデータによると、欧州のフライトネットワークの性質上、短・中距離便のかなりの部分を含む全欧州トラフィックの65%近くがCORSIA MRVの対象になっています。これに対し、北米の排出量のうち、MRVの対象となるのはわずか29％です。 市場の ESG に影響を与える 2つめの事例は EU-ETS です。 格安航空会社は、ネットワークとフリートの性質上、ETS の影響を受ける可能性が高くなります。 たとえば、IBA ネットゼロ のデータによると、ライアンエアーは合計 13.51 MtCO2 (CO2 メートルトン) を排出し、そのうち 10.24 MtCO2 が EU-ETS の対象となります。 一方、フラッグキャリアやネットワークオペレーターは、その排出量の大部分がワイドボディ機による長距離路線で発生するため、欧州の炭素価格の影響を受けることはほとんどありません。 その代わり、業界がベースラインに違反した場合、これらは CORSIAの オフセット義務対象となる可能性が高くなります。 たとえば、ルフトハンザドイツ航空の CO2 総排出量は合計 17.82 MtCO2ですが、IBA ネットゼロ が明らかにしたところでは、EU-ETSの対象となるのは 3.65 MtCO2 のみです。 これらの制度を比較すると、EU-ETSの炭素価格は CORSIA のオフセットの 20 倍高く、IBA は当面この状態が続くと予測しています。 この明らかな違いは、まず航空分野が 2012 年まで対象外であったにもかかわらず、EU ETS が 2005 年に策定・実施されたことに起因します。そのため、長年にわたって排出枠が余り、炭素価格が低く抑えられていました。 炭素排出枠 (EUA) の価格が移行を促すのに十分な価格にまで成長したのはここ数年のことです。 次に、CORSIA も同様の発展パターンを持っている可能性がありますが、国際航空はまだ CORSIA のベースラインを超えておらず、自主的なオフセット義務量は無視できる程度であることを意味します。 ベースラインを超えると、認定されたオフセットプロジェクトの膨大な余剰は減少し始め、2027年に政策が義務化された際も減少し続けると予想されます。 しかし、IBA は、CORSIA が EUA の価格に匹敵する可能性は低いと述べています。CORSIAの性質上、価格はオフセットプロジェクトの利用可能性と信頼性によって決定されることになります。比較すると、EUA は 1トンの炭素排出の価格を反映しており、上限が減少するにつれて価格は上昇し続けるため、スコープ 1 の排出量を積極的に削減することがより有益になります。 航空規制は、EUタクソノミーの最新版に含まれることが決まっており、2024年1月から施行される予定です。これは、正しいパラメータの下では、航空への投資が「グリーン投資」になることを意味します。その結果、より多くの資金が航空業界に流入され、SAF、炭素回収、機体の更新、炭素排出を削減する新しい方法の研究への投資が可能になります。 EUタクソノミーでは、製造、リース、旅客・貨物、グランドハンドリング業務の4つの分野に分けられ、その中に含めることができるものには制限があります。さらに、リース会社や航空会社には、厳しい目標が課せられています。最も重要なのは、2028年1月から2032年12月までの間、製造された航空機は、100％SAFの混合燃料で運航することを証明しなければならないということです。
- Some low-cost carriers Easter flying set to be well over 2019 levels - The number of flights operating over the European Easter weekend (7th – 10th April, 2023) will be at 90% of 2019 levels on routes to and from Europe, according to data revealed by IBA the leading aviation market intelligence and consultancy company.
New generation narrowbody engines remain a highly liquid asset with strong orderbooks, reflecting a complete post-pandemic recovery for this type, according to data revealed by the leading aviation market intelligence and consultancy company, IBA.
IBA, the leading aviation market intelligence and consultancy company, has today published its monthly Aviation Industry Barometer for February 2023. Data from IBA’s Insight intelligence platform shows a 24% year-on-year increase in passenger flights from February 2022, with 2.3 million commercial passenger flights recorded in February 2023.
IBA, the leading aviation market intelligence and consultancy company, has expanded its global sales team with the appointment of Robbie Deegan to the newly created position of Sales Manager, Middle East and Africa.
New narrowbody aircraft base values rose beyond the long-term trend into 2023, and lease rates are forecast to climb further this year, according to data revealed today by IBA the leading aviation market intelligence and consultancy company.
IBA, the leading aviation market intelligence and consultancy company, has today published its monthly Aviation Industry Barometer for January 2023, showing that there were almost half a million more global commercial passenger flights last month compared to January 2022.
Norwegian low-cost airline Flyr has entered administration just 18 months after starting operations. IBA Insight reveals that Flyr (which translates from Norwegian as ‘to fly’) operated a fleet of 12 leased aircraft (6 x Boeing 737 NG and 6 x Boeing 737 MAX). Seven of these were owned by Air Lease Corporation. Flyr was a very seasonal operation, with its top city pairs featuring summer flights between Oslo and Alicante, Malaga, Barcelona and Rome, as well as domestic flights within Norway. The airline cut its capacity over the winter of 22/23 to save costs, but ultimately failed to raise the required financing to continue operations. Flyr’s demise follows shortly after the collapse of British regional airline Flybe. This shows us that it is not easy to remain cashflow positive in the weaker winter months, during a high oil price environment. It also makes the strong profits reported by Ryanair in Q3 even more impressive. Kerosene prices come back to bite weaker operators. Jet kerosene prices remain very elevated at USD 1,153 per metric tonne, in part due to a very wide crack spread caused by a lack of refinery capacity. The last time we saw such high kerosene prices was in 2008, just before the Global Financial Crisis. This period saw a similar playbook, with weaker players exiting the market, thereby reducing market capacity and giving other airlines more pricing power to cover higher fuel prices. IBA remains positive on the general aviation recovery presented in our Outlook for in 2023, but we anticipate further failures and airline consolidation to occur amongst some of the weaker players in the coming weeks.
31 January, 2023: IBA, the leading aviation market intelligence and consultancy company, has enhanced the capabilities of its IBA Insight aviation data and intelligence platform with the introduction of OAG flight schedules data. This major addition to IBA Insight, which launches today, delivers enhanced insights on airline flight capacity – both globally and by operator. The integration of OAG’s flight schedules data enables investors, banks, lessors, OEMs and other IBA customers to assess capacity at a global and operator level with forward-looking and historic schedules. Users can also evaluate routes and schedules to understand the demand for specific aircraft types. Using IBA’s tailored dashboards, users can map growth or decline in capacity, allowing them to understand prevailing airline market sentiment. Comparisons can be made using measures such as number of flights, ASK (available seat kilometres), the number of seats, and the number of routes flown. Aircraft portfolio managers can use schedules data to identify the strongest aircraft placement opportunities by observing changes in domestic and international schedules. Both schedule and market share changes at specific airlines can indicate the prevailing mood and trajectory of an operator, and can therefore enable investors, banks and lessors to identify risks in the existing placement of an aircraft portfolio. Phil Seymour, President of IBA, says: “Incorporating OAG’s flight scheduling data enhances IBA Insight, enabling users to make strategic and agile decisions based on a wider range of insights. Our partnership with OAG delivers a greater dynamic and value for our customers and reinforces IBA’s position as a leading provider of aviation market intelligence.” Simon Howard, Global Sales Director at OAG comments: “We’re delighted that our partnership with IBA has enhanced its online offering. OAG’s schedules data is well placed to support the needs of IBA’s users. We look forward to continuing our work together to provide industry leading data.”
Earlier this month, IBA’s webinar on the outlook for the aviation industry in 2023 talked about a positive outlook for demand, whilst also warning that there would be increased consolidation and failures of some weaker players. In particular, we highlighted regional airlines being at greater risk, and so it has turned out, with Flybe once again in administration. It is worth remembering that Flybe was a struggling airline well before the pandemic, finding itself increasingly squeezed by low-cost airlines (and no thanks to a ridiculous double taxation on UK domestic flights, which has now been changed). In the run-up to the pandemic, Flybe was trying to find a buyer without success. The airline was eventually rescued by a consortium including Virgin Atlantic, Stobart and Cyrus Capital in 2019. The timing was unfortunate, and Flybe was one of the first casualties of the COVID-19 pandemic, going into administration in March 2020 when lockdowns came into force in the UK and around the world. The lowest cost wins Cyrus Capital bought the business and assets, but in reality, the only real value was the 12 Heathrow slot pairs. Given that these slots were originally owned by British Airways but given up to Flybe as part of a remedy following the BMI takeover, the CAA would not allow Cyrus Capital to have the slots without being a viable operation. Cyrus found itself with no choice but to restart Flybe operations, but with an even worse strategic position than before the pandemic. Our analysis shows that on the routes they operated, their share of seats was only 10%, and they found themselves competing with larger aircraft with a lower cost pear seat. Lowest cost almost always wins on short-haul, and therefore it was inevitable that Flybe would struggle. Will anyone buy Flybe? In theory, the slots revert to British Airways now, and with leased aircraft it is questionable whether there is any value that can be salvaged. Yes - in theory, an investor could buy the business and try again, but is anyone crazy enough to try this? Well, this is the airline industry so, we wouldn’t totally rule it out. Though this is unlikely in our view, easyJet would love to take on British Airways at Heathrow, but 12 slot pairs are not enough to create a viable operation. More consolidation is to come In summary, IBA believes that in 2023, the divide between the strong and the weak will get even wider. We saw Ryanair reporting record Q3 profits today and other Tier 1 players are guiding very positively. So, we continue to believe there will be an acceleration in consolidation in 2023 which is very positive for pricing from the airline’s perspective, if not from the consumer’s.
IBA, the leading aviation market intelligence and consultancy company, has today published an analysis of the improving emissions footprint of the ‘Big 3’ Chinese airlines, revealing that Air China is leading the field.
IBA has published its latest aviation Carbon Emissions Index in partnership with KPMG. The analysis uses IBA NetZero scenarios to shine a light on regional attitudes to emerging CORSIA emissions regulation.
IBA has published its latest Aviation Carbon Emissions Index in partnership with KPMG. Its latest analysis uses IBA NetZero scenarios to forecast the likely spread of emissions across aircraft types in 2025 based on expected retirements and deliveries.
IBA, the leading aviation market intelligence and consulting company, has today published its latest monthly Aviation Carbon Emissions Index in association with KPMG. This month's index also includes a spotlight on lessors in the Asia Pacific region.
- IBA outlines aviation emissions finance risk as future flight remains a long-term reality -- Carbon efficiency increasing, but flight volume recovery accelerates financial and operational challenges on journey to net zero -
独立系航空分析およびアドバイザリーの大手企業であるIBAは、権威あるAirline Economics Aviation 100 Awardsで、2022年の「Appraisal of the Year（鑑定士オブザイヤー）」に選ばれました。今回の受賞は、昨年に続き2年連続、累計4回目となります。 これまで、2012年、2018年、2020年、そして今回の2021年に選ばれております。また、今後ますます多くの皆様から愛されるよう願いを込めて、2022年4月よりコーポレートロゴを刷新いたしました。 航空金融セクターにおいて、その年に最も優れたパフォーマンスを実施した企業を称えるために設立されたこの賞を通じて、IBAの航空産業に関する独立した専門的なビジネス分析とインテリジェンスを提供してきた30年以上の経験が、業界の信頼ある専門家審査員団によって高く評価されました。 特に2020年、2021年はCOVID-19のパンデミックの影響により、航空業界にとって史上最大の危機ともいえる状況に直面いたしました。このような難局を乗り越え、with コロナの環境にいかに早く適応できるかといった難しい局面は今後もまだしばらく続いていくものと予測されます。 IBAは、1988年に設立され、速度、精度、視覚分析、直感的なナビゲーションを組み合わせたワンストップインテリジェンスプラットフォームであるIBA Insightなどの幅広いサービスを提供してきました。これまで培ってきた多くの経験をふまえ、未曾有の危機を航空業界一丸となって乗り越え、今後ますますの業界全体の発展に貢献していきたいと考えております。 【会社概要】 IBA Group 所在地：IBA House, 7 The Crescent,Leatherhead KT22 8DY, UKTEL：03- 4530-9687 MAIL：[email protected] Webサイト：www.iba.aeroTwitter: https://twitter.com/IBAaviation LinkedIn: https://www.linkedin.com/company/iba-aviation-consultancy/mycompany/ Youtube: https://www.youtube.com/channel/UCSkPhTf-05htY99V79fklMAb 以下は、マスコミ関係者向けの情報ですので、広く開示はされません。 ◼報道関係者問い合わせ先 IBA Group 所在地：IBA House, 7 The Crescent,Leatherhead KT22 8DY, UK TEL：03- 4530-9687MAIL：[email protected] 担当者：メイピンHP: 080-3486-2622
3rd May, 2022 – IBA today unveils a new brand that re-launches the business as an aviation intelligence provider with a full-service consultancy offering. IBA's new strapline Insights In Flight encapsulates its decades of industry experience, combined with its cutting edge analytics and innovation. It reflects a business fuelled by world-class aviation intelligence, but driven by its people and the partnerships they create. This bold new identity reflects IBA's commitment to improving aviation clients' outcomes, and to its core values of being: Aviation fanatics - a team of real experts who are passionate about the aviation industry, and have dedicated their professional lives to improving it. Restless innovators – with challenging the status quo in its DNA, IBA is constantly looking to improve, and thriving on being at the forefront. People people – focused on building robust, long-term, mutually beneficial partnerships that don't just signal commercial success, but are a better all-round way to work. Fiercely independent – enabling IBA to always make the right recommendations to its customers – free from outside influences or biases. Ian Beaumont, Chief Executive Officer of IBA, says: “IBA's re-launch demonstrates our belief that we are a 30-year-old start-up. We have decades of aviation industry experience, and a proven track record to match, but that hasn't diminished our determination to continually innovate, and bring transformational new products to the marketplace that help our clients succeed.” “Every element of our consultancy services are fuelled by world-class aviation intelligence, delivered by our experienced team and leverage our IBA Insight platform. Providing comprehensive and accurate market intelligence coupled with expert analysis and a personalised service is what IBA is all about.” IBA is today launching five sub-brands that crystallises the breadth of its products and services: IBA Insight IBA Valuations IBA Consulting IBA Asset Management IBA Technical Since 2020, IBA has been investing significantly in its data fidelity, online products and consultancy services. IBA Insight, the company's intelligence platform (formerly known as InsightIQ) continues to innovate with a range of new products including soon-to-launch flight scheduling data, emissions projections, and a wider range of market intelligence reports. IBA Insight has an exciting roadmap of additional new modules and functionality planned for quarterly releases over the coming years. IBA Consulting is expanding its ESG offering, building on the success of IBA's Carbon Emissions Calculator, and is launching services to help with green financing origination and monitoring as well as providing ESG ratings for airlines. IBA Asset Management and IBA Valuations are strengthened by a new commitment to ISTAT's training programme. This will see the number of certified appraisers grow across the business, ensuring the company's award-winning expertise as an aircraft valuer can be offered more widely then even before. The re-launch comes as IBA expands its global footprint with the opening of new offices in China and Japan, and the expansion of its team in the Americas, and at its UK HQ. Notes to Editors To view a video about IBA's re-launch, click here About IBA IBA delivers the best of all worlds - deep aviation consultancy expertise, and cutting edge and actionable data insights, all delivered by a proven, expert team with a strong customer focus. An independent, innovative and forward-thinking business, IBA has over 30 years of heritage and experience in aviation. Named 'Appraiser of the Year' by our clients for five years, and most recently winning the Sustainable Technology award for its Carbon Emissions Calculator, IBA prides itself on its integrity, fierce independence, and continual innovation. The key to IBA's success is its people – some of the best in the industry, based in multiple locations across the globe – real experts who are passionate about aviation and go the extra mile for their clients. For more information, visit www.iba.aero IBA media contacts Charlie Hampton / Faye Clarke Email: [email protected] / [email protected] Mobile: +44 (0)7884 187297
1 November, 2021 - IBA, the leading aviation data and advisory consultancy, has expanded its ESG compliance offering by becoming an external reviewer aligned with the Guidelines for Green, Social, Sustainability, and Sustainability-Linked Bonds External Reviews published by the International Capital Market Association (ICMA). As the first aviation-focused external reviewer, IBA will now be able to provide its clients with the second party opinion, and verification, that they are following the External Reviews' Guidelines when implementing ESG-focused financial products. These include Green and Social Bond Principles, the Sustainability Bond Guidelines, and the Sustainability-Linked Bond Principles (available on ICMA's website). This will enable IBA to provide support and guidance to its client organisations, such as banks and other sources of finance, aircraft lessors and airlines, in conducting ESG-focused fleet and financial planning, and in ensuring compliance with their ESG programmes. External Review services provided by IBA are also described in the Overview of the External Review Service Mapping on ICMA's website. Phil Seymour, President of IBA, says: "ESG compliance is an integral goal of organisations in the aviation and related sectors and, as an external reviewer, IBA can help them deliver these important commitments." IBA's position as an external reviewer is the latest in a series of services it has rolled out to provide the aviation community with authoritative, independent insights and guidance on the environmental footprint of their operations. Earlier this year, it launched a Carbon Emissions Calculator (CEC) which is now used by companies across the aviation sector for independent carbon emissions analysis. The CEC is the first of its kind, and integrates IBA's proprietary fuel-burn assessments with real-world flights and fleets data from its InsightIQ intelligence platform. It is the only finance-focused carbon modelling tool currently available that enables users to calculate and compare the emissions of airlines and lessors, entire aircraft fleets and regions over different periods of time, in addition to supporting analysis of specific commercial aircraft models and routes. About IBAIBA has over 30 years' experience in delivering independent, expert business analysis and data on the aviation sector. Established in 1988, it provides a wide range of services including InsightIQ, a one-stop intelligence platform combining speed, accuracy, visual analytics and intuitive navigation IBA advises prominent investment funds and banks, aircraft leasing companies, operators, manufacturers and MROs. In January 2021, IBA was named 'Appraiser of the Year' by Airline Economics. For more information, visit www.iba.aero.IBA media contactsCharlie Hampton / Alisha PyzerEmail: [email protected] / [email protected]: +44 (0)7884 187297 / +44 (0)7557 528922 About IBAIBA has over 30 years' experience in delivering independent, expert business analysis and data on the aviation sector. Established in 1988, it provides a wide range of services including InsightIQ, a one-stop intelligence platform combining speed, accuracy, visual analytics and intuitive navigation IBA advises prominent investment funds and banks, aircraft leasing companies, operators, manufacturers and MROs. In January 2021, IBA was named 'Appraiser of the Year' by Airline Economics. For more information, visit www.iba.aero.IBA media contactsCharlie Hampton / Alisha PyzerEmail: [email protected] / [email protected]: +44 (0)7884 187297 / +44 (0)7557 528922 International Capital Market Association (ICMA) ICMA promotes well-functioning cross-border capital markets, which are essential to fund sustainable economic growth. It is a not-for-profit membership association serving around 600 member firms in 60 countries. Among its members are private and official sector issuers, banks, broker-dealers, asset managers, pension funds, insurance companies, market infrastructure providers, central banks & law firms. It provides industry-driven standards and recommendations, prioritising four core fixed income market areas, primary, secondary, repo & collateral and sustainable finance. ICMA works with regulatory and governmental authorities, helping to ensure that financial regulation supports stable and efficient capital markets. www.icmagroup.org@ICMAgroup The Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines and Sustainability-Linked Bond Principles The green, social, sustainability and sustainability-linked bond market aims to play a key role in funding projects that contribute to environmental sustainability or/and socio-economic challenges globally. The Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines and Sustainability-Linked Bond Principles (the "Principles") promote integrity in this market through guidelines that recommend transparency, disclosure and reporting. The market initiative supporting the Principles consists of over 400 members and observers. Members are institutions that have issued, underwritten, placed, or invested in a green, social or sustainability or sustainability-linked bond. Members elect the Executive Committee, decide on changes to governance, and provide input to updates to the Principles. Observer status is designed to welcome organisations that are active in the field of sustainable finance, such as but not limited to NGOs, universities, auditors, and service providers, or are not yet active in the market. Observers are included in consultations regarding updates to the Principles and participate in working groups. The International Capital Market Association (ICMA) operates the Secretariat for the Principles and provides advice on governance and other issues. https://www.icmagroup.org/sustainable-finance/membership-governance-and-working-groups/
18th November, 2021: IBA, the award-winning aviation data and advisory company, has today unveiled major upgrades to InsightIQ - its aviation intelligence platform. These include significant enhancements to its industry-leading Carbon Emissions Calculator (CEC), including advanced carbon reporting and analysis for fleets and asset portfoliosFollowing the launch of the CEC in March 2021, IBA consulted with over 100 companies from all aviation sectors to understand their current and future needs for carbon reporting and analysis. This has enabled IBA to enhance its platform with new functionality that specifically addresses the requirements of current and prospective InsightIQ customers across the aviation industry and beyond. IBA's InsightIQ version 1.6 now enables users to build and compare scenarios for real and hypothetical fleets - providing the most accurate analysis of airline and competitor emissions. The InsightIQ update also allows users to forecast reductions in fleet carbon emissions utilising the CEC - the world's most advanced and accurate commercial aviation carbon emissions tracking model.This latest InsightIQ upgrade now also provides IBA's aviation intelligence in Japanese, Mandarin and Chinese. InsightIQ is the first and only aviation data programme currently available to offer these global translations, with additional languages to be added in the coming months.InsightIQ's new features now enable professionals across all sectors to access a comprehensive range of new insights. These include: For Aircraft Lessors: Demonstrating to investors, banks and operators how their fleet renewal programme will positively impact their carbon footprints Understanding the quantum of offsets required to reduce carbon emissions by specific amounts Providing independent metrics to support green financing and access lower costs of capital For Banks: Reporting on carbon emissions within their loan books and modelling new deal impacts on their portfolio Meeting reporting requirements and loan monitoring for ESG compliance Providing equity and credit analysts with a comprehensive market overview including per airline and lessor comparisons to evaluate ESG considerations For Airlines: Modelling fleet scenarios to understand and forecast the emissions impact from fleet evolution and emerging technology Sense checking sustainability reports and utilising the CEC as the independent basis for reporting for smaller airlines who don't have their own reporting capability Benchmarking against peers using a consistent, independent and accurate methodology For Aviation Investors: Evaluating and demonstrating carbon emissions from their investments Monitoring annual investments for ESG compliance and checking actual performance compared to management stated intentions Providing deal specific carbon information, alongside benchmarking and assessment This upgrade to InsightIQ provides the industry's latest and most accurate CO2 emissions tracking to date. This has been illustrated by recent data from InsightIQ's Carbon Emissions Calculator (CEC) that highlights trends in overall CO2 emissions reductions at International Airlines Group (IAG)*.CO2 emissions data from InsightIQ's CEC was on average accurate to operator figures with an average variance of just 1.28% in 2018 and 2019.IBA's latest figures show that IAG achieved a 12.3% reduction in carbon emissions across the entire fleet between 2019 and 2021 on a per-seat per-mile 'PSPM' basis. This represents a strong performance compared to a global CO2 reduction of 2.3% in the same period. The global CO2 PSPM average in September 2021 was measured at 145g, whilst IAG's measured at 144g. IBA's CEC also demonstrates how British Airways has seen a 26.2% reduction in CO2 emissions on transatlantic flights since 2019, making BA the second most improved airline in the reduction of CO2 emissions from transatlantic flights globally.Ian Beaumont, Chief Executive Officer of IBA, said: "Our clients need to show direction of travel and be able to confidently project the impact of fleet retirements and new aircraft coming into service. The CEC now not only tracks historical emissions accurately but also allows clients to project future emissions and model different scenarios. Being able to provide a clear message on the path of future emissions is key to communicating with their stakeholders."IBA's upgrade marks the sixth set of enhancements to the InsightIQ platform since its launch in November 2020. Since then, IBA has seen accelerating subscriptions to the platform, from leading organisations in the aviation and related industries including Societe General, AVIOCAP, Floreat, CDB Aviation and many more.Beaumont added: "These CEC enhancements show our commitment to continued InsightIQ development as we build in our clients' wish list for new and unique functionality in a single, integrated, web-based package."More information about IBA's InsightIQ is available here. Notes to Editors Images Download image of the IAG and InsightIQ comparison chart here. Further comment / interviews Ian Beaumont, Chief Executive Officer of IBA, is available for interview to offer further comment and insight. About IBAIBA has over 30 years' experience in delivering independent, expert business analysis and data on the aviation sector. Established in 1988, it provides a wide range of services including InsightIQ, a one-stop intelligence platform combining speed, accuracy, visual analytics and intuitive navigation IBA advises prominent investment funds and banks, aircraft leasing companies, operators, manufacturers and MROs. In January 2021, IBA was named 'Appraiser of the Year' by Airline Economics. For more information, visit www.iba.aero.IBA media contactsCharlie Hampton / Alisha PyzerEmail: [email protected] / [email protected]: +44 (0)7884 187297 / +44 (0)7557 528922
IBA has outlined a divergence in value trends between narrowbody and widebody aircraft driven by a surge in domestic travel in certain markets, but continuing low levels of international travel globally.
IBA forecasts that deliveries of new aircraft won't return to pre-pandemic levels until 2025. Just 747 aircraft were delivered in 2020, and IBA forecasts deliveries will rise modestly to around 1,100 in 2021.
- ETS covers only 11% of commercial aviation emissions in 2020 - - Premium seating and older aircraft impact emissions efficiency - Independent carbon emissions analysis for airlines and lessors, aircraft portfolios and regions is now easily accessible following the launch today of a Carbon Emissions Calculator (CEC) by the leading aviation data and advisory company IBA.
The aircraft engine market is showing early signs of recovery from the worst effects of the Covid-19, but is not set to return to pre-pandemic levels until the mid-2020s, according to leading aviation data and advisory company IBA.
Demand for freighter aircraft continues to grow strongly as a result of Covid-19, but values and lease rates remain suppressed by an oversupply of feedstock aircraft, according to leading aviation industry consultant IBA.
New generation widebody and narrowbody aircraft have seen only modest declines in their market values despite the enormous challenges of Covid-19, according to leading aviation industry consultant IBA.
- Significant changes in OEM order and delivery shares, storage levels, market levels and lease rates - The advent and rollout of vaccines will start to drive a partial recovery in the aviation sector in 2021, but with significant variance between global regions, according to new data from IBA.
17th December, 2020 - The long term value of commercial aircraft engines is set to withstand the worst effects of Covid-19, according to new data from IBA. In a recent webinar entitled How To Build Resilient Engine Management Programmes For The Road To Recovery, the leading aviation data and advisory company outlined how engines are set to show long term value retention.
- Airlines remain loss-making, but some quarter on quarter improvements - - Fleet exits continuing, but younger aircraft value drops limited - - Modest recovery in some domestic markets, but load factors low - - OEM production rates constrained, with MAX return set to shift market dynamics -
2nd November, 2020: IBA, the leading aviation data and advisory company, today announces the launch of its new one-stop aviation intelligence platform, InsightIQ. The platform combines speed, accuracy, visual analytics and intuitive navigation to deliver actionable insight from comprehensive, integrated aviation data.
- Widebody engine values drop by up to 50% - 12th October 2020: The collapse in demand for air travel caused by the Covid-19 pandemic has led to a significant decline in engine values, with a knock on effect on engine MRO, according to data from leading independent aviation consultancy, IBA.
- Airline commercial aircraft fleet drops $60 billion in value - 7th October, 2020: There is a growing divergence between aircraft base and market values as the global effects of the Covid-19 pandemic drive down demand, according to data from leading independent aviation consultancy, IBA.
- Incident-free return to service crucial for 750+ MAXs currently on ground - 18th September, 2020: The commercial aircraft leasing market is set for considerable turmoil in 2021 with over 1,000 aircraft set to be returned to lessors without clear options for onward placement.
- Spend set to be less than half of US $90bn forecast -- Engine shop visits and spend taking the biggest hit -- Need for innovation and flexible maintenance programs has never been greater -- Lower cost options such as PMA expected to be in demand - 4th August, 2020: With MRO industry revenues directly related to aircraft utilisation, 2020's total MRO spend will be less than half of the approximately $90bn forecasted, according to the leading aviation data and advisory company IBA in its Changing Landscape of the Aftermarket Industry Webinar.
- Aircraft deliveries less than 50% of 2019 levels -- Almost 500 narrowbody cancellations - 90% for Boeing 737 MAX - 23 July, 2020: Over 800 aircraft have been identified as subject to exit from their current airline fleets, according to the leading aviation data and advisory company IBA in its Mid-Year Market Update.
8th July, 2020: IBA, the leading aviation data and advisory company, has adjusted its market values for all commercial passenger aircraft types across the widebody, narrowbody, regional jet and turboprop categories to reflect the impact of Covid-19.
20th May, 2020: IBA, the leading, independent aviation consultant, has highlighted the very high levels of current demand for air cargo in the current Covid-19 environment, but painted a more conservative picture of long term demand for certain aircraft types.
29th May, 2020: IBA, the leading independent aviation consultancy, is optimistic about the resilience of regional jet and turboprop aircraft values, but expects value and lease performance to vary based on secondary market supply for specific models.
Slow aviation recovery in China points to longer term global fleet grounding 17th April, 2020: With almost two thirds of all aircraft financed by asset backed securities (ABS) now grounded due to the COVID-19 crisis, receipts of both aircraft rental and maintenance payments are likely to fall, according to leading aviation consultants IBA in a report today.
Huge losses expected for airlines but ABS defaults unlikely Aircraft lease rates and values forecast to fall 2nd April, 2020: Downgrades are expected to the credit ratings of airlines' aircraft asset-backed securities (ABS) as they struggle to meet the challenges of COVID-19, according to leading aviation consultants IBA and Split Rock Aviation in a report today.
London / Dublin / Tokyo, March 11th 2020: IBA Group is pleased to announce the appointment of Ian Beaumont to Chief Executive Officer (CEO) of IBA Group effective from 11th March 2020. Phil Seymour, IBA's former CEO will continue to serve as Company President.
London / Dublin / Tokyo / Los Angeles - January 21st 2020: IBA Group, the awardwinning specialist aviation consultancy, has won the coveted Appraiser of the Year 2020at the Airline Economics Aviation 100 awards held last night. This is the second time inthree years that IBA has won this prestigious award, having previously won in 2018, andis testament to its best practice and strategic focus. The firm was voted for by industrypeers in the aviation banking, leasing and brokerage sectors in recognition of itsindependent valuation expertise and significant depth of experience.