Cirium: How do we mitigate volatility in aviation and the impact on aircraft assets?

By Rahul Oberai, Global Head of Sales at Cirium The market for commercial aircraft is more dynamic than ever. Pricing power has seemingly moved towards lessors and banks as the demand for aircraft accelerated post-pandemic. Demand for aircraft is strong and global growth is projected to be back in 2024. Airlines continue to order aircraft in large numbers and the backlog remains only marginally lower than record highs in the last cycle. The challenges lie in aircraft supply where OEMs struggle to meet deliveries, lessor-used inventory continues to decline, and parked aircraft continue to return to service. However, Maintenance, Repair