The world’s airlines are again clamouring to get their hands on narrowbody and widebody jets, with Airbus and Boeing riding a wave of demand that accelerated swiftly in the first half of 2023.
The aerospace industry has been waiting for this moment of recovery since the Covid-19 pandemic flattened demand for air travel early in 2020.
Airbus and Boeing each landed far more orders in the first six months of this year than they did in the same period last year. Much of the order momentum came during last month’s Paris air show, and from two large India airlines.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.
