Following September’s International Society of Transport Aircraft Trading (ISTAT) conference in Berlin, Director Conor Blake provides an overview of some of the prominent themes emerging from discussions…
It is little secret that for the last decade, the aviation industry has been enjoying a favourable cycle. It has been buoyed by access to cheap finance and growing passenger numbers. Although sentiment at the ISTAT conference leaned towards that cycle now entering a period of slow decline in the rate of growth, demand remains strong – Boeing predicts a demand for just over 40,000 new aircraft in the next 20 years at a value of over US$6 trillion.
Read more at: Ocorian
