A more globally co-ordinated approach both to vaccine roll-out and health travel passports is essential in driving the quickest possible recovery. Aircraft Lessors Begin 'Vigorous' Pursuit of Insurance Claims for Global Commercial Aircraft Leasing Market Report 2021 - GlobeNewswire Our latest analysis for February 2022 includes a spotlight on the CO2 efficiency of popular aircraft engines fitted to widebody and narrowbody aircraft. Jackson Square Aviation continues to rank as the most efficient lessor in May 2022. Spring saw the same steady growth in global traffic, and May was no exception. Total CO2 . The best performing lessor with an exclusively regional focus is Nordic Aviation Capital (NAC). International traffic growth is largely attributed to increased operations by the top 5 operators in the region, namely IndiGo, China Southern Airlines, Japan Airlines, All Nippon Airways and China Eastern Airlines. While a significant improvement on the $137bn loss in 2020, it will still represent the second highest loss on record. At present, Aircastle has 7 x Embraer E195-E2 aircraft leased to KLM Cityhopper, and 5 x Embraer 195AR aircraft leased to Azul Linhas Aereas Brasileriras and Portugalia. Aeromexico: DAE Aerospace as lessor in connection with the operating lease for 12 Max 8 aircraft for Aeromexico; Sale and Leaseback/Operating Lease Deal of the Year, Airfinance Journal's Awards 2022. Chief Executive Aengus Kelly . Carbon Index Spotlight on Airlines, Aircraft and Lessors - May 2022. . Previous downturns have driven lessor consolidation and it was not a surprise to see material M&A activity in 2021. Fledgling Saudi Arabian lessor AviLease is supplementing its portfolio with the acquisition of 13 aircraft from Irish-based leasing firm Avolon. Frontier Airlines leads the way, with a total of 114 grams of CO2 per seat per mile. You only have access to basic statistics. The 2050 net zero target is hugely ambitious and will be a challenge for the sector to achieve. With valuation data on more than 67,000 commercial aircraft and engines, and an airline fleets database covering more than 400,000 aircraft, lessors can track every detail of your equipment and investments or plan out your next investment. The prevailing, though not universal, view coming from the industry leaders we spoke with was that this is a level that could be sustained over the longer term. It also has 767s, 12 747 quadjets and a handful of A330s. Aviation and the environment Airline performance and air traffic recovery From a financial perspective, 2021 will bring global airline losses of $51bn. French BEE remains at the top of our ranking of the most efficient airlines in May 2022. Aircraft Lessor BOC Aviation Says It Has 18 Planes Leased - TradingView Cirium reports and analyses offer insights backed by years of expertise and best-in-class aviation data. Aircraft Lessor BOC Aviation Says It Has 18 Planes Leased To 4 Russian Airlines Pobeda, Ural, S7 And Airbridgecargo. Predictions are this share could soon surpass 50%. Long subject to a reasonable degree of volatility, this potential step change is attracting both new investors and lessors to the space. Zenith Aircraft, which produces the CH-750, topped the list in LSA aircraft registrations again in 2021. The company, CleanJoule, is based in Salt Lake City and says it is working to develop a breakthrough technology to offer superior and cost-effective SAS is to offer passengers the chance of reserving seats on its inaugural commercial services of the Heart Aerospace ES-30 hybrid-electric aircraft, despite the milestone being five years away and with most of the important flight details still vague. To find out more about how KPMG perspectives and fresh thinking can help you focus on whats next for your business or organisation, please get in touch with our team below. You can learn more about the cookies we use here. AviLease says the acquired Avolon portfolio includes a pair of A330neos. Aircraft lessors most exposed to the Russian market by aircraft managed 2022 Published by Statista Research Department , Apr 13, 2022 After Russia launched a large-scale military invasion. Its order book shows the future focus is very much on the narrowbody side. Indeed, 58 percent point to "significant" M&A-driven tie-ups during 2022, with a further 35 percent expecting "moderate" consolidation. Either through their own order books or via the sale-and-leaseback channel, close to 60% of new deliveries were funded by lessors in 2021. The aviation asset-backed securitisation (ABS) market, which had become a key pillar of aviation finance funding $10bn of aircraft purchases in 2019, effectively shuttered in March 2020. PDF OUR AVIATION FINANCE GROUP AND OUR ABS EXPERIENCE 2022 - Clifford Chance The top 25 airline lessees globally each lease well over 100 aircraft. Either through their own order books or via the sale-and-leaseback channel, close to 60% of new by units rather than value). BOC AVIATION SAYS ANOTHER AIRCRAFT IN MANAGED FLEET IS ON LEASE TO RUSSIAN AIRLINE ROSSIYA. Airfinance JournalNews & Analysis, The Airline Analyst, The Airline Analyst API,The Airline Analyst Financial Ratings, Deal Tracker, Fleet Tracker. Love in . IBA has published its latest aviation Carbon Index in partnership with KPMG. As always, in order to excel, operational excellence is a must for airlines. For modern widebodies, it has just 14 A350s and eight Dreamliners. "The pandemic has shown that the leasing business is a good business," says Aengus Kelly, CEO of AerCap. Show sources information A small order of five ARJ21s finalizes the order book at GECAS. Accessed June 05, 2023. https://www.statista.com/statistics/1293260/aircraft-lessors-exposed-russian-market/, Statista. By registering your details, you confirm the information being submitted is your own. The number of flights operated by older generation widebodies grew this month, with the Airbus A330-200, A330-300, Boeing 777-200ER, Boeing 767-600ER and Airbus A380-800 all seeing an increased number of flights in May. Ltd.s portfolio are of the type. We provide news, data, analytics and advisory services to connect the aviation community globally and help organisations shape their business strategies, identify new opportunities and make better decisions faster. The twinjets will be operated by the groups budget arm Flyadeal. Let's go. Quick aircraft intelligence by airline or lessor Identify new products and services, easily prepare for investment discussions and formulate winning strategies with the quickest tool to view aircraft intelligence by an airline or lessor. He says the Avolon purchase demonstrates AviLeases expansion potential and its ability to originate both in the primary and the secondary trading markets. Operators using a higher proportion of turboprop aircraft perform better in our ranking than those focussed on jets. Top 25 air cargo carriers rise to supply chain challenge I posted last week on net growth among lessors leasing to these airlines and many others; clearly each party is fueling that overall increase in lease activity. Additionally, you agree to receive email communications from Cirium* regarding relevant services, products, industry insights and events. Southwest Airlines has the highest number of 737 MAX 8 aircraft globally, operating 90 examples in August 2022. CALC Investment grade lessors including Air Lease Corporation, Aircastle, Aviation Capital Group, Avolon, BOC Aviation, DAE Capital and SMBC Aviation Capital, all had successful unsecured bond raises during 2021, with over $32bn being raised by lessors during 2021. A more nuanced and considered approach to new variants would also be advisable. 68% of the fleet are turboprops, again improving overall efficiency. By way of example, IBA Insight reveals that 100% of Aviation PLCs aircraft are of the ATR72 family, whilst 63% of Transportation Partners Pte. This lessor has an even bigger range of aircraft in its stable, with an incredible 333 A320ceo family jets, plus 107 from the A320neo family. Having increased almost 2 percentage points in 2020, this is a significant landmark demonstrating the increasing influence of lessors globally. The E2 series performs well due to higher fuel efficiency, whilst the Embraer 195 benefits from the high volume of seats on board. For the broadest financial analysis of the financial performance of leasing companies in the market. New Delhi: Insolvency tribunal NCLT on Monday directed the interim resolution professional of crisis-hit Go First to file a reply within one week over petitions filed by three lessors seeking possession of their aircraft and engines from the Wadia group firm. The addition of 23 new generation 737 MAX 9 aircraft to the fleet has also improved overall efficiency. IBA has published its latest aviation Carbon Index in partnership with KPMG. While the pandemics impact may persist, this fundamental fact remains. Talking about oil price and interest rate volatility seems almost quaint given the challenges of COVID-19, but these key metrics will return to prominence as airlines continue to ramp up activities in line with the recovery. Even as we move towards a rising interest rate environment, there is a widely-held belief in the lessor community that there will be a continued ability to obtain attractive spreads on unsecured debt for large-scale, well-run leasing platforms. We are delighted to present you with our Aviation Industry Leaders Report 2022: Recovery through Resilience, produced with our industry partners, Airline Economics. Coupled with rising labour costs and ongoing supply chain issues, ramping up activity will not be without challenges. Our latest analysis for March 2022 includes a spotlight on regional aircraft lessors. Specifically, AerCap is buying the leasing division of GECAS, a move that got the green light in July this year. Our report last year looked at the devastation that COVID-19 had wreaked on the aviation sector, as it dealt with the largest exogenous shock the industry has ever faced, resulting in a collapse in global air travel. The coming 12 months look to be challenging for the aviation sector once again. There is clear consensus that the immediate focus should be on sustainable aviation fuel (SAF), with IATA forecasting that it will be the primary driver of emission reductions over the next decade and beyond. China aircraft lessors now rival Ireland in top 50 rankings - Leasing Life *Cirium is a tradename of LexisNexis Risk Solutions. Middle Eastern operator Saudia Group has become the latest to agree a fleet lease from new Riyadh-based lessor AviLease. For more detail about the structure of the KPMG global organisation please visit https://kpmg.com/governance. For widebodies, it has smaller numbers than AerCap, with its 34 777-300ERs the biggest individual fleet. high that percentage could climb. With a portfolio of advanced aviation data analytics tools and an experienced global reporting team, we provide solutions that enable market participants to underpin investment decisions, find new investment opportunities, improve their competitive edge, save time and grow business. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. It's an unmissable opportunity to dig into the Top 50 lessors by fleet size, market value, orderbooks and more, as well as trend analysis on their financial performance. Lessor Dubai Aerospace Enterprise (DAE) is reporting that it acquired 94 aircraft, sold 33 aircraft and signed 143 lease transactions in 2022. Of the lessors 228 planes on order, 90% 207 aircraft are single aisle. By contrast, most airlines have smaller order books and . The Aviation Industry Leaders Report 2022 (PDF, 7MB). On the Boeing side, it has 372 737 aircraft, 296 of which are 737 NGs. These aircraft had an efficiency rating around 8% below the regional average, bringing down the overall efficiency of the fleet. 4 Airfinance Journal November/December 2022 Rank Manager 2021 2022 % change since last year Turboprop Regional Jet Narrowbody Widebody 1 Aercap 2,008 1,809 2 Avolon 570 587 3.0% The fleet is spread across a range of aircraft types, with the majority, expectedly, on the narrowbody side. Cirium is a trusted independent source providing the best industry data in the market with expert support, portfolio management, aircraft values and fleets trend analysis. The Engine Lease Market Today: More Dynamic Then Ever Necessary cookies enable core functionality. Welcome to flightglobal.com. This represents a 7% increase compared to July, and 13% of global supply. Source: AVITAS Blue Book Market Values as of 01 October 2021. What's inside The Airfinance Journal Leasing Top 50 will give you access to the following insights: The top 50 managers by number of aircraft and $MV of fleet ($m) Beneficial owners by number of aircraft and $MV of fleet ($m) Lessors' orderbooks in quantity and value ($m) Lessor firm orders We also saw the emergence of a number of new non-traditional lending platforms, as investors sought to play in multiple parts of the capital stack. Aviation industry in the Gulf Cooperation Council, Aviation and aerospace industries in Germany, Terrorism impact on the travel industry in Europe, Get the best reports to understand your industry. IBA has published its latest aviation Carbon Index in partnership with KPMG. Lance Hooks helps investors & lessors analyze aircraft risk and execute acquisition/trading strategy. The threat posed by climate change continues to loom large over aviation and all stakeholders within the sector acknowledge and appreciate the need for immediate action. The combination of more efficient narrowbodies and a high number of seats results in lower CO2 intensity per seat per mile. Get in touch with us. The bulk of these are narrowbodies, with 143 aircraft from the A320neo family in the pipeline, including the A321LR. In 2021, 51 percent of the total aircraft in use are were leased, which is an exponential increase from only half percent in 1970. While a significant improvement on the $137bn loss in 2020, it will still represent the second highest loss on record. PDF The Aviation Industry Leaders Report 2022: Recovery through - KPMG IATA is correct when it states that any restrictive measures should be properly coordinated and risk assessed, and where deemed necessary, should be time-bound and regularly reviewed. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). But with the worlds two largest lessors joining forces, could a lack of competition impact the leasing deals airlines are able to negotiate in the future? Ultra-low-cost carriers with high density narrowbody aircraft are most efficient on a CO2 per-seat per-mile basis. Lowest altitude aircraft formation flight | Guinness World Records According to ICF, as at 31 December 2022, the combined asset value of our owned fleet and order book assets totaled US$15.2 billion, ranking seventh among global aircraft lessors. As a market-leading intelligence resource for the global aviation finance industry for more than 40 years, we provide the latest news, insightful analysis, league tables, and proprietary aviation data covering fleets, deals, airlines financial, and relative ratings of the airline financial strength. Canadas recently re-branded Lynx Air entered our ranking of the most efficient airlines in July 2022. Our latest analysis for June 2022 includes a spotlight on the efficiency of lessors in the APAC region. For the airline sector, market disruption will continue to provide new opportunity. Whilst the Boeing 737-800 retains its position with the highest emissions share, it is important to highlight that the two most popular narrowbody types did see increased utilisation in this period, with growth of 0.4% for the Airbus A320ceo and 0.3% for the Boeing 737-800. Statista. The biggest of the rest are: The power and strong financial credentials of lessors have been a valuable lifeline to airlines during the COVID crisis. Go First extends grounding as more lessors file aircraft de-registration requests . Analysis of the global leased fleet by the top 10 lessors. Of the handful of widebodies the lessor has on order, 12 are the A330neo, with just four 787-10s rounding out the twin-aisle tally. Variants of concern, such as Delta and Omicron, have posed challenges to the recovery. However, the clear levels of pent-up demand, and the general bounce back of the global economy, drive optimism that the recovery will continue apace. While most of these transactions were debt-focused deals and we have not yet returned to the pre-COVID tradeable E-Note structures, there is a belief that equity investors will return to the product in a material way in 2022. As a result, lessors have taken on a greater importance in funding new deliveries. Chorus absorbed a number of less efficient aircraft following the acquisition of Falko Regional Aircraft. Coming off historic lows in 2020, both Boeing and Airbus are seeking to increase production rates in line with the expected recovery. Dozens of new start-ups have emerged, seeking to benefit from the recovery, without the financial scars of their more established competitors. This skew towards more efficient turboprops typically drives a lower CO2 output per-seat per-mile than lessors with a more diverse portfolio. Trading aircraft is an important and consistent part of our growth strategy, says chief executive Andy Cronin. This is a logical strategic next step for us, says AviLease chief executive Edward OByrne. Lessors were instrumental in the growth of the airline industry in the years up to 2020, and since COVID-19 struck, they have worked closely with airlines to help them survive. . Against this background, we have seen . Cirium aviation schedules and connection data, Forecast demand and find new revenue opportunities, Track aircraft fleet, equipment and cost of aircraft, Analytics for air operations and the strategic, tactical and post-completion view of flights, Data to support the transition to net-zero emissions, Improve the experience of travel and simplify travel management, Data for building and servicing the global fleet, Manage risk and track assets with aviation analytics, Aviation analytics for public agencies and economic development. Jackson Square Aviation continues to rank as the most efficient lessor in May 2022. In the past year, aircraft lessors increased the proportion of owned NTA fleets 2.5x faster than the rest of the industry and the top seven Fitch-rated aircraft lessors accounted for 25% market share of NTA despite owning only 14% of large passenger aircraft globally at March 31, 2021. The total fleet size of the nine lessors in 2017 was 1090 aircraft - a 13% . Aircraft lessors most exposed to the Russian market 2022 | Statista ", Statista, Leading aircraft lessors with the most exposure to the Russian market as of February 2022, by number of aircraft Statista, https://www.statista.com/statistics/1293260/aircraft-lessors-exposed-russian-market/ (last visited June 05, 2023), Leading aircraft lessors with the most exposure to the Russian market as of February 2022, by number of aircraft [Graph], Statista, February 28, 2022. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Please create an employee account to be able to mark statistics as favorites. Jazz, Horizon and Mesa operate turboprops such as the DHC8-400Q on small, mission specific sectors, where narrowbodies would not prove economical. IMPACTisa global platform formed by key players in aviation finance. It's powered by IBA's proprietary fuel-burn intelligence which, when integrated with the Flights and Fleets module, can illustrate carbon emissions by any combination of: time period, airline, lessor, aircraft MSN and model, fleet, future portfolios, OEM, country, airport and route pair. - February 12, 2022, 7:08 PM BOC Aviation carries an aircraft portfolio worth $14.5 billion, ranking it among the top lessors in the world. Hear more from the experts featured in the Aviation Industry Leaders Report 2022, Advising the international leasing industry for over 30 years. Aviation carbon emissions intelligence fromIBA NetZerohas revealed that CO2emissions from commercial aviation averaged 141.9 grams of CO2per-seat-per mile in July 2022, and that overall carbon intensity per-seat decreased by 0.4% compared to June. DAE, in its Jan. 5 business transactions . Wed be delighted to hear from you. CIrium analysts have been providing value opinions for over five decades. IBA House, 7 The Crescent, Leatherhead, Surrey KT22 8DY, Click here to register for our Helicopter Values webinar, IBA wins Sustainability Technology Award for 2023, Carbon Index Spotlight on Airlines, Aircraft and Lessors - April 2022, Carbon Index Spotlight on Airlines, Aircraft and Lessors - March 2022, Carbon Index Spotlight on Airlines, Aircraft and Lessors - February 2022, Carbon Index Spotlight on Aircraft, Airlines and Lessors - January 2022, Carbon Index Spotlight on Aircraft, Airlines and Lessors - November 2021, Carbon Index Spotlight on Aircraft, Airlines and Lessors - October 2021. Within the lessor index, overall CO2 per-seat per-mile performance amongst lessors has not changed this month, remaining at an average of 129 grams per seat per mile. Some of these potential technological factors, such as hydrogen or electricpowered aircraft, are a long way from making any material impact. future. Providing commentary for outlets including the BBC, CNBC, Reuters Thomson, and others, she works closely with IATA, AviaDev, and various airlines and suppliers to get the inside track on the global marketplace. Excluding AerCap and GECAS which reduced their portfolios (fuelling growth in many smaller players), 5 year net growth among these other largest players has been 3,000+ aircraft (75%). The largest claim has been made by AerCap, the world's biggest aircraft lessor, which has submitted a $3.5 billion insurance claim for more than 100 jets. Published Aug 16, 2022 + Follow IBA has published its latest aviation Carbon Index in partnership with KPMG. Vistara looks to lessors to fill long-haul gap amid 787 delays Get the latest KPMG thought leadership directly to your individual personalised dashboard, Download a PDF version of this article Opens in a new window, View Print friendly version of this article Opens in a new window. Read IBA's updated Aviation Carbon Emissions Index. This years Leasing Top 50 report gives you a view of the last 12 months of the aircraft leasing industry, highlighting the tumultuous impact on the market of these major events and touches upon upcoming developments. The Cirium blog, analysis and data on the industries most important trends. Overview Projected value of the global aircraft leasing market 2021-2029 Projected value of the global aircraft leasing market 2021-2029 Size of the global aircraft leasing market from 2021. In the coming months, we will explore similar trends and highlight improvements amongst airlines and lessors. "Leading Aircraft Lessors with The Most Exposure to The Russian Market as of February 2022, by Number of Aircraft. Source: Lessors and Airfinance Journal's Fleet Tracker. This support throughout the past two years has deepened and strengthen relationships between lessors and airlines. 70% of the fleet are CFM LEAP-1A powered, high density Airbus A320neo aircraft with 186 seats. liability for the information given being complete or correct. Guide your investment strategy with information on lease end dates, historical sales and leasebacks, average age of asset, and owner, manager and operator details. IBA NetZero is the most advanced finance-focused carbon modelling tool currently available; we're leading the way. Ramping up is a lot more challenging than ramping down. Over 50 of the 62 current 787 airline operators, lease at least some of their fleet. What's inside The Airfinance Journal Leasing Top 50 will give you access to the following insights: The top 50 managers by number of aircraft and $MV of fleet ($m) Beneficial owners by number of aircraft and $MV of fleet ($m) Lessors' orderbooks in quantity and value ($m) Lessor firm orders IBA has published its latest aviation Carbon Index in partnership with KPMG. to incorporate the statistic into your presentation at any time. Published Sep 23, 2021 Photo: Getty Images Lessors are often the unseen powerhouses behind some of the world's largest airlines. The period from June to July 2022 saw little change in these trends, and, as such, our aircraft efficiency ranking shows little movement in July 2022. This text provides general information. In fact, according to data from ch-aviation.com, eight lessors have fleets in excess of 400 aircraft. Its prompt return is a welcome success story. Carbon Index Spotlight on Airlines, Aircraft and Lessors - June 2022 - IBA Photo: Avolon, AerCap is buying the leasing division of GECAS. From a financial perspective, 2021 will bring global airline losses of $51bn. The most important key figures provide you with a compact summary of the topic of "Aircraft leasing market worldwide" and take you straight to the corresponding statistics. Our chart shows net growth over the last 5 years in each lessor currently managing 100+ aircraft, listed top to bottom by portfolio size (nb. Top-selling LSA in 2021 General Aviation News Use Ask Statista Research Service, Latin America & Caribbean: air trips per capita 2019, by country or territory, Latin America & Caribbean: air passenger traffic 2019-2020, by route type, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account.
