Bubble in aircraft values could hit Irish leasing, conference hears

Current trends risk creating a bubble in aircraft values, an industry analyst warned Wednesday. Adam Pilarski, senior VP of aviation consultancy Avitas, told the annual Global Airfinance Conference that his company’s view of the aircraft market was that it has yet to reach a peak. Nevertheless, he warned that problems, including the movement against globalisation evidenced by the UK’s Brexit vote and Donald Trump’s victory in the US presidential election, have heightened the risk of a “harsh landing” in aircraft values. Pilarski noted that, historically, new aircraft orders from manufacturers have more or less matched the rate of new aircraft supplied to airlines. However, he pointed out that new orders are now running at almost twice the rate of deliveries. <br/>
Irish Times
http://www.irishtimes.com/business/transport-and-tourism/bubble-in-aircraft-values-could-hit-irish-leasing-conference-hears-1.2941311
1/18/17