Conclusion

Abstract

This research establishes the status of the aircraft asset class and its segments. Chapters 3 and 4 show the dynamics and drivers of the aviation finance and leasing landscape with respect to both the global market and more specifically the China market affecting aircraft pricing. The demand, supply, and business model change drivers are laid out. Demand drivers include economic factors, business cycles, exogenous shocks, fuel prices, and traffic flows along with population demographics. Supply drivers include aircraft manufacturers, parked or retired aircraft, operating leases, secondary trading of aircraft, the financing environment along with current trends and segments such as commercial banks, capital markets, and export credit financing. In addition, an analysis of the drivers affecting cross-border mergers and acquisitions in the industry is developed along with the characteristics of the increased use of leasing, specifically aircraft operating leasing.