Mid year report: global demand for air travel is still set to grow by over 6% over 2024, and demand for leased aircraft is in rude good health
As we pass the first half of 2025 some certainties are evident for the full year; (1) global demand for air travel will grow again and is set to rise by about 6% over 2024; (2) monthly output of short-haul commercial aircraft will rise by year end with Boeing alone aiming to lift 737 production from 38 to 42 by year end; (3) jet fuel prices, a key cost for airlines, are declining by about 13% year on year and (4) demand for leased aircraft is in rude good health. All of these trends bode well for the aviation eco-system in Ireland despite a turbulent geo-political backdrop.

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Vol. 15 Issue 15 of Aviation Finance