THE STRONG rebound in global air travel will help push the value of new aircraft deliveries to around $100bn in 2024 – a 15% year-onyear rise – according to Avolon.
The aviation finance company said completed orders for more than 1,450 new large commercial aircraft will help drive airlines’ passenger revenues up 12% to $717bn, with airlines’ net profit projected to rise by 10%, to $26bn. Jim Morrison, chief risk officer of Avolon, commented: “India, China and the