Avolon reaffirms 25 year aircraft retirement age despite low fuel price environment
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March 30th: Aircraft lessor Avolon has published a white paper on aircraft retirement and storage trends that states that the patterns of aircraft retirement behaviour have not materially changed since 2012, with average retirement age stable at or around 25 years and more than 50 per cent of fleets remaining in service beyond 25 years. This reaffirms the position of an earlier study by the lessor in 2012.

This study comes at a time of low oil prices and the paper determines that, 'in response to a sustained period of lower fuel prices, fewer than 200 incremental aircraft could potentially return to operation and a similar number may see retirement deferred - extremely small numbers in the context of the global fleet.'

The white paper can be seen in full here.