Ramped up production rates by OEMs means up to $1.3 bn of narrow body aircraft changing hands per week
If we assume that the ticket price of a narrowbody is about $70 million then $5.2 billion of narrow body aircraft are changing hands every month, or $1.3 billion per week, writes Joe Gill. He discusses the frenetic activity this requires of those charged with ensuring that the financing, registration and owneship process is completed effectively and efficiently.During the first quarter of 2012 Airbus delivered 131 commercial aircraft to its customers globally, an increase of 10 per cent. In the same period Boeing dispatched 137 units to its airline and leasing clients, a rise of 32 per cent. These statistics reflect a healthy marketplace for the two leading world OEMs and are a function of the record ordering that took place over the past three years.

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