Aircraft Interiors – industry development summary: Mar/Apr-2024 centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.
Asia-Pacific airlines are placing large orders for new-generation aircraft, signaling recovery and anticipated growth in the region, with its share of the global aviation market set to rise.
Low-cost airlines lease 68% of their fleets, higher than the global average of 53%, with IndiGo being the biggest LCC lessee with 951 outstanding aircraft orders.
Low-cost carriers (LCCs) continue to grow, accounting for one in three aviation seats and 18.5% of the global aircraft fleet, despite the pandemic's impact.
53% of commercial aircraft globally are leased, with the share higher in Europe and lower in North America, offering airlines fleet flexibility and access to capital.