In this episode, Jonathan McDonald and Neil Fraser explore the latest developments shaping the commercial aviation landscape. From the resilience of Latin American carriers to Delta’s continued dominance and the steady performance of the 737-900ER, tune in for expert insights and data-driven analysis. 

To read the articles discussed, please click here: https://www.iba.aero/resources/#articles

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This week on IBA’s Insider Podcast, we discuss the latest industry news, aircraft sales with leases attached, and explore market demand trends, including Spirit’s 87-aircraft deal. We unpack IndiGo’s debut on the Mumbai–Heathrow route. Plus, our experts share insight from IBA’s latest Africa Aviation Market Update.

To read the articles or find anything we have discussed today, please visit our website: https://www.iba.aero/

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This episode takes a closer look at Mike’s latest market update, the movements we’re seeing in single aisle engine values and IBA’s Freighter Outlook Report. Tune in for expert perspectives on what’s driving aviation right now. 

IBA's Webinars: https://www.iba.aero/resources/webinars/

IBA's Freighter Outlook Report: https://www.iba.aero/download-report-ibafmo/

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This week on the IBA podcast, Neil Fraser, CFA  and Jonathan McDonald unpack the biggest aviation stories: Spirit’s Chapter 11, and the outlook for Dash in freighter conversions.

🎧 Listen now to stay ahead of the market. 

Read a copy of the articles discussed here: https://www.iba.aero/resources/

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Join Stuart Hatcher and Will McClintock as they unpack the latest in aviation – from Europe’s decarbonisation risks to COMAC’s programme outlook and persistent aircraft backlogs. 

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In this episode of IBA's Aviation Conversation, Executive Advisor Owen Geach is joined by William McClintock, Manager of IBA’s Aircraft Consultancy team, to explore the rising demand for airport slot valuations, particularly at London Heathrow. They break down what slots are, why their value has been climbing, and the factors influencing their pricing, from scarcity and macroeconomic trends to future changes in allocation rules. The discussion also covers the potential impact of a third Heathrow runway, the UK Department for Transport’s proposed slot reforms, and IBA’s own methodology for valuing these critical, yet intangible, aviation assets.

To download a copy of our UK’s Department for Transport (DfT) report mentioned, click here: https://www.iba.aero/resources/articles/uk-airport-slot-reform-2023/

To download a copy of the National Grid Report mentioned, click here: https://marketing.iba.aero/l/938693/2025-02-18/jkkwb

For more information on IBA's Consultancy, click here: https://www.iba.aero/services/consulting/

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In this episode of IBA Insider, aviation experts Neil Fraser CFA, Hashen Hewawasam, ISTAT-Certified Appraiser, and Pehan Ambawatte unpack three key developments shaping the aviation market:

• The continued recovery in new generation widebody aircraft values
•  Why falling fuel prices may be masking deeper issues for US low-cost carriers
•  And how tariffs and trade policy are reintroducing uncertainty despite lower market volatility

Tune in for sharp insights and data-led analysis on what these trends mean for investors, lessors, and operators across the aviation ecosystem.

For a copy of the articles mentioned or more information, contact marketing@iba.aero. 

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In this episode of IBA Insider, Neil Fraser CFA, Manager – Airline Analysis and Senior Aviation Analyst, Andreea Fasole-Berghes unpack the latest headlines shaping global aviation.

They discuss Wizz Air’s sudden exit from Abu Dhabi, what the lifting of the US ban on GE aero-engine exports means for COMAC, and broader market pressures facing the industry.

Tune in for expert insight into what these developments signal for airlines, manufacturers, and investors.

Have questions or want to learn more? Get in touch with the IBA team at marketing@iba.aero. 

For more information on our US-focused webinar, please visit our website: https://www.iba.aero/resources/webinars/ibas-webinar-aviation-in-the-americas-credit-capacity-and-capital/

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In this episode of IBA Insider, Manager - Airline Analysis, Neil Fraser CFA and Jon Whaley, Senior Aviation Analyst, explore the latest developments shaping aviation markets. They discuss Embraer’s recent SAS win following LOT’s defection to Airbus, assess whether business jet demand is entering a new phase, and examine the rising interest in 777-300ER freighter conversions amid limited feedstock.

Have questions or want to dive deeper? Get in touch with the IBA team for tailored insights. https://www.iba.aero/contact/

To read a copy of the articles we discussed today, or catch up on our Paris Air Show webinar, please visit our website: https://www.iba.aero/

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In this episode of IBA Insider, Chief Economist and Exec. Advisor Dr. Stuart Hatcher and Neil Fraser CFA, Manager - Airline Analysis, share their predictions ahead of the Paris Airshow, reflect on Azul’s Chapter 11 filing, and unpack key takeaways from this week’s Rolls-Royce OEM briefing - all while diving into the ever-evolving aviation landscape. 

Have questions or want to dive deeper? Get in touch with the IBA team for tailored insights. https://www.iba.aero/contact/

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In this episode of IBA Insider, Aviation Analyst Nicolas Karagiannis and Jamie Davey, Manager – Engines & Parts, explore the key developments shaping today’s aviation landscape.

What’s inside:

• A cautious comeback for Aircraft ABS – what’s driving the recovery?
• Ongoing supply chain challenges and their impact on aircraft and engine maintenance
• Trends in aircraft values and the broader implications for lessors and investors

Have questions or want to dive deeper? Get in touch with the IBA team for tailored insights. https://www.iba.aero/contact/

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Hashen Hewawasam, Head of Commercial Aircraft Valuation, share their insights on the latest stories in global aviation.

In this episode, we discuss: 

•  Stu’s View: Another Tariff Bump in the Road
•  A320-200 and Boeing 737-800 Aircraft Values Are Still on the Rise

Got questions or thoughts on these topics? Reach out to the team for more insights.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode, we discuss: 

• Stu’s View: A Tariff Boost? 
• Airlines Spring Back to Life as Restructuring Season Thaws
• European Airlines Will Miss Green Jet Fuel Targets 

Got questions or thoughts on these topics? Reach out to the team for more insights.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Piotr Grobelny, Analyst – Airlines, share their insights on the latest stories in global aviation.

In this episode, we discuss: 

• Stu’s View: No Change For Delivery Lead Times
• Turning Loyalty into Revenue: BA and Lufthansa Follow American Peers
• Air France-KLM Enters the Bidding War for Air Europa

Got questions or thoughts on these topics? Reach out to the team for more insights.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode, we discuss: 

• Stu's View: Holding for Now – Airbus increases delivery targets for 2025, while Boeing faces challenges with fewer deliveries.
• Southwest Airlines' Casualty – The airline announces mass layoffs due to financial struggles.
• Heathrow’s Third Runway – Expansion sparks debate over economic benefits vs. environmental impact.
• Green Transport Transition – New report on UK airport energy needs through 2070.
  
  Got questions or thoughts on these topics? Reach out to the team for more insights.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode, we discuss: 

•  The ABS market in 2025 so far
•  The future of Rex Airlines - would government ownership work? 
• China’s RX4E: A groundbreaking milestone in sustainable aviation

Got questions or thoughts on these topics? Reach out to the team for more insights.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode:

• Bond issuances, airline mergers & OEM claims – We analyse key financial and operational shifts, including mixed signals on GTF groundings and the impact of Airbus and Boeing's ambitious production goals.
• Boeing’s bright start – Despite a tough 2024 forecast, Boeing delivered an impressive number of 737 MAX aircraft in January, surpassing expectations. Can they sustain this momentum, and how does it compare to Airbus?
• US airline earnings & inflation’s impact – American, United, and Delta post record revenues, but rising maintenance costs and inflationary pressures tell a more complex story. We break down profitability, cost structures, and what this means for the industry.
• Heathrow’s third runway & London airport expansions – The UK government revives Heathrow’s expansion plans, while London City Airport looks to grow. We explore what this means for air traffic, slot valuations, and the long-term impact on emissions.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode:

Post-Dublin Industry Insights

• Delta’s Premium Travel Success
• Sustainability Milestones for 2025
• Policy Updates and Decarbonization Efforts
• Industry Challenges and Opportunities

 

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

𝗪𝗿𝗮𝗽𝗽𝗶𝗻𝗴 𝗨𝗽 𝟮𝟬𝟮𝟰 𝘄𝗶𝘁𝗵 𝗜𝗕𝗔 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 ✈️
As we close out the year, the latest edition of the IBA Podcast brings you:

✈️ 𝗦𝘁𝘂’𝘀 𝗩𝗶𝗲𝘄 Insights into year-end delivery challenges, from supply chain constraints to the Boeing strike.
✈️ 𝗙𝗲𝘀𝘁𝗶𝘃𝗲 𝗠𝗲𝗿𝗴𝗲𝗿𝘀: How major airline mergers are shaping the industry during the holiday season.
✈️𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗖𝗢𝗣 & 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻: The impact of COP29’s financial pledges on aviation’s future.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode, we explore:

• 321 GO!: Atlantic Leaps Increasing for Airbus Narrowbodies – Discover how the Airbus A321XLR is redefining transatlantic travel with its extended range and fuel efficiency.
• easyJet on Upward Trajectory Whilst Ryanair and Wizz Wane – A deep dive into easyJet’s impressive FY2024 performance and how it outpaced competitors like Ryanair and Wizz Air. 
  
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  Website - www.iba.aero

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In this episode, we explore three pivotal topics shaping the aviation industry's present and future:

• Boeing's Recovery Post-Strike: Analyzing the impact of recent strike action on Boeing's production and delivery cycles. What challenges lie ahead for the 737 MAX program, and can the recovery replicate past successes?
• Asian Market Shifts: Examining the decline in airline yields in Asia, with a spotlight on capacity growth strategies and the resurgence of Chinese carriers. What do these trends mean for profitability and market competition in the region?
• European Airlines Under Pressure: A deep dive into the mixed financial results among Europe's major carriers. With rising costs and operational challenges, what sets the strongest performers apart, and how are others adapting to maintain profitability?

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Welcome to the IBA Insider
Our experts bring you key insights and stories shaping the global aviation industry every fortnight.

• Stu’s View: Extensions Revisited
  Stu dives into recent ABS activity, focusing on extension trends in ageing aircraft types like the A320ceo and 737-800. Findings show that 50% of aircraft in three of the four pools had recent extensions, revealing shifts in lease dynamics.
• Frontier Bucks the Trend Among US LCCs
  As US Low-Cost Carriers (LCCs) report results, most aligned with the Halloween theme of scary earnings. However, Frontier Airlines stood out with a surprising 2.8% net margin, bucking industry expectations.
• Lilium Files for Self-Administration
  eVTOL developer Lilium has entered self-administration for two of its subsidiaries. The company, known for its innovative electric vertical take-off designs, has successfully raised significant financing, facing challenges as it moves forward.
• What the French Solidarity Tax Could Mean for Aviation
  The French government proposes a substantial increase in the aviation solidarity tax to help bridge a €60 billion national deficit. This article explores potential impacts on the aviation sector.
• Webinar On-Demand: Airline Risk in 2024
  Our recent webinar provided an in-depth look at airline performance and emerging risk indicators in 2024. IBA's advisory team highlighted key signals to help manage risks in this evolving market.

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, calls in from New York where he is attending the Airline Economics Growth Frontiers event and is joined by Neil Fraser CFA, Manager - Airline Analysis, to share their insights on the latest stories in global aviation.

In the latest edition of the IBA Insider:

• JOLCOs and tax leases
• United leads Delta in Q3 EBIT, both lag behind 2023
• Chinese carriers surge as European airlines cut Asia capacity

Register for our upcoming Airline risk webinar -  https://www.iba.aero/events/airline-risk-in-2024-spotting-and-managing-the-key-signals/

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IBA's Dr. Stuart Hatcher, Chief Economist & Exec. Advisor, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In the latest edition of the IBA Insider:

• Current market conditions in the airline industry 
• Will Boeing actually land below investment grade?
• British Airways boosts UK market with £9m in high-quality carbon removals

Join us at Airline Economics: New York - https://www.iba.aero/events/airline-economics-ny-2024/
Register for our Airline risk webinar -  https://www.iba.aero/events/airline-risk-in-2024-spotting-and-managing-the-key-signals/

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IBA's Dr. Stuart Hatcher, Chief Economist & ISTAT Certified Senior Appraiser, and Neil Fraser CFA, Manager - Airline Analysis, share their insights on the latest stories in global aviation.

In the latest edition of the IBA Insider:
- TAP may finally be in play for the European consolidation story
- Are Canadian Low-cost carriers being set up to fail?
- Modern aircraft contrails present new climate challenges 

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