Ishka insights: indispensable aviation data, analysis and opinion
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Tariff tracker: Airbus deliveries to US slow in April

Airbus deliveries to US customers have slowed, representing just 12% of the manufacturer’s output so far in April, down from 20% in the first quarter. more

25/04/2025

in OEMs, Cargo & Engines

Tariff tracker: Air India targets 737 MAX aircraft rejected by China

Air India is negotiating with Boeing to acquire ten 737 MAX aircraft initially scheduled for Chinese airlines. more

25/04/2025

in Airline trends & analysis , OEMs, Cargo & Engines

Mexican carriers delay aircraft deals in response to tariff uncertainty

Two Mexican airlines appear to be reacting to the uncertainty unleashed by the numerous tariffs introduced by the Trump administration by ‘pausing’ or delaying the introduction of additional capacity. more

11/04/2025

in Airline trends & analysis , ESG & Regulation

Age is just a number: Why older A320ceo leases rates are converging

Ishka looks to see why age is becoming less important when airlines are sourcing narrowbody capacity. more

28/03/2025

in Lessors & Asset managers , Airline trends & analysis

All the best for 2025 from the Ishka team!

Ishka is taking a short break over the Christmas and New Year holiday period. We want to thank all our readers for their continued help and engagement with Ishka Insights. Your normal Insights service will resume in January. more

23/12/2024

in Other

Are current-tech aircraft lease rates actually sustainable?

Conversations around lease rate sustainability from last week's Ishka Aviation Investival: North America. more

23/10/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis

Current-tech aircraft values: Hitting the top of the market?

Current-tech aircraft values have "peaked and plateaued" argue asset managers, something which has been confirmed by Ishka appraisal team, as airlines react to slower revenues. more

20/09/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Engine lessor CEOs optimistic on GTF ‘resolution’, but warn supply chain issues likely to persist

Engine lessor CEOs have expressed new optimism about engine manufacturer Pratt & Whitney’s ability to reduce the number of grounded aircraft as it continues engine inspections triggered by concerns of cracked powdered metal components. more

28/05/2024

in OEMs, Cargo & Engines

Lessors prepare January aircraft sale portfolios

Ishka hears that several aircraft lessors are preparing aircraft portfolios for sale in January in what is expected to be an unusually busy January for lessor traders. more

02/01/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

All the best for 2024 from the Ishka team!

Ishka is taking a short break over the Christmas and New Year holiday period. We want to thank all our readers for their continued help and engagement with Ishka Insights. Your normal Insights service will resume in January. more

21/12/2023

in Other

Quick takes: The race for Voyager, Boeing chief’s 2025 supply chain warning, traders talk widebodies

More M&A news this week as multiple rumours surround the various parties bidding for Voyager Aviation Holdings (VAH), formerly known as Intrepid Aviation Group. Meanwhile, lessors speaking at Ishka’s Dublin event last week stated there had been more interest from buyers looking to acquire twin-aisle aircraft. more

30/05/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Narrowbody values: current-tech assets near pre-pandemic values

Current technology narrowbody values have largely risen past their 2021 levels but are still sitting just shy of full pre-pandemic recovery, according to Ishka Transaction Economics data. more

25/05/2023

in Aircraft values, Lease Rates & Returns

Widebody values: 777-300ER and A330-300 values show signs of uptick but remain below pre-pandemic highs

Recent increases in demand for certain widebody assets including Boeing 777-300ERs and Airbus A330-300s have begun to improve trading prices, sources tell Ishka. more

10/05/2023

in Aircraft values, Lease Rates & Returns

Remarketing Watch: Steady decline in aircraft available for remarketing over past year

The total number of aircraft listed on remarketing sites has decreased moderately, with 471 aircraft being actively remarketed as Ishka goes to press – down from 493 in October and 497 at the end of August, according to Ishka research. more

02/12/2022

in Aircraft values, Lease Rates & Returns

Remarketing Watch: Lack of new-tech deliveries boosts lease extensions

Operators are continuing to look to aircraft lease extensions, partly driven by OEM production delays, according to sources. more

05/10/2022

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Narrowbody values firm due to production gap, widebodies lag

Narrowbody aircraft values and lease rates have mostly improved since mid-2021 on the back of a strong traffic rebound and OEM production delays that have resulted in demand for new-tech aircraft exceeding current supply, according to Ishka’s Transaction Economics. more

20/09/2022

in Aircraft values, Lease Rates & Returns

Remarketing Watch: Stored aircraft numbers settle following peak season demand

The number of aircraft in storage has begun to level out after a steady decline from the heights of the Covid-19 pandemic, according to Ishka research. more

28/07/2022

in Aircraft values, Lease Rates & Returns

Lessors grapple with shorter lease SLB requests

Ishka understands that three airlines have successfully agreed short sale/leasebacks (SLBs) with a lease length of eight years for new deliveries of new-tech narrowbodies and a turboprop compared to the typical lease term of ten-to-12 years. more

31/05/2022

in Lessors and Lease Rates , Aircraft Finance Market

Remarketing Watch: Aircraft in storage down almost 41% since April

The number of aircraft in storage has fallen by almost 41% over the last nine months, according to Ishka research, as airlines react to the recovery in passenger demand, particularly in domestic markets. more

19/01/2022

in Aircraft Asset Profiles , Aircraft Finance Market

Remarketing Watch: Fixed lease rates returning for A320s and 737 NGs

New operating leases for Boeing 737 NGs and Airbus A320ceos are returning to fixed lease rates, rather than power-by-the-hour (PBH) terms, according to third-party aircraft remarketers and lessors. more

23/11/2021

in Aircraft Asset Profiles , Aircraft Finance Market

Remarketing Watch: Investors delist older widebodies for winter

Ishka research finds that the number of advertised older widebodies has fallen by 24% in October. more

09/11/2021

in Aircraft Asset Profiles , Aircraft Finance Market

Remarketing Watch: US majors snap up MAX inventory

Boeing is on track to clear its inventory of ‘built but not delivered’ 737 MAXs, with many of the aircraft being placed with US major airlines, believed to be at discounted prices. more

21/10/2021

in Aircraft Asset Profiles , Aircraft Finance Market

Have aircraft values hit rock bottom yet?

The decline in aircraft values has slowed for new-tech liquid narrowbodies, such as the 737 MAX and the A320neo in the last couple of months, notes Ishka’s appraisals team. more

18/10/2021

in Lessors and Lease Rates

Remarketing Watch: Remarketers prep for Autumn repo rise

Aircraft remarketers are expecting an increase in lessor and bank-led repossessions in the second half of the year. more

23/09/2021

in Lessors and Lease Rates , Aircraft Finance Market

Remarketing Watch: Small positive steps as stored aircraft fall by 11%

More aircraft are continuing to come out of storage as airlines react to a slow return in passenger demand, according to Ishka research. more

03/09/2021

in Lessors and Lease Rates , Aircraft Finance Market

5-year-old aircraft values, CALC sells A320s to Puyin Leasing, GOL agrees MAX funding

This is a regular series from Ishka’s ‘Transaction Economics’ service. It delivers ‘the Ishka View’ on events that have a bearing on the near-term performance of aircraft values, lease rates, and the market dynamics that matter under today’s market environment. more

18/08/2021

in Airline Profiles , Aircraft Finance Market

New-build A320 and MAX values show first signs of recovery

Young, new technology narrowbody aircraft have seen slight improvements in market value sentiment since the first quarter of the year. more

30/06/2021

in Aircraft Asset Profiles , Lessors and Lease Rates , Aircraft Finance Market

Older aircraft close in on values “floor,” but younger jet prices could fall further

After suffering a period of value realignment since the onset of the pandemic several 20-year-old aircraft types now appear to be reaching a value “floor” where further discounts are unlikely. more

09/06/2021

in Aircraft Asset Profiles , Lessors and Lease Rates , Aircraft Finance Market

Aircraft Values: Widebody values continue downward trend

Aircraft current market values (CMV) and market lease rates (MLR) for a mixture of several 10-year-old, five-year-old and new build widebody aircraft types have continued to fall due to overcapacity in the market, according to industry-leading valuations experts speaking at Ishka’s MENA briefing. more

19/04/2021

in Aircraft Asset Profiles , Lessors and Lease Rates , Aircraft Finance Market

Ishka’s Aircraft Pricing Benchmark: A320neo and MAX prices stay firm

Ishka launches its new price discovery service, the Aircraft Pricing Benchmark, the markets’ own guide to current leases and aircraft prices. more

04/01/2021

in Lessors and Lease Rates , Home , Aircraft Finance Market

Public lessors Q2: Delayed rents top $700m but requests have ‘peaked’

Air Lease Corporation, Fly Leasing and AerCap have accumulated $702 million in deferred lease payments, but the three firms are optimistic that the worst has now passed. more

17/08/2020

in Lessors and Lease Rates , Aircraft Finance Market

Aircraft Values: Ishka and Oriel issue further cuts, 737 NG premium dries up

Appraisers from Ishka and Oriel recorded further cuts on lease rates and values for some assets types this month, describing aviation as still in a “shocked, survival mode.” more

22/06/2020

in Aircraft Asset Profiles

Airlines on watch: Coronavirus casualties rack up

A spate of airlines have slid into administration in the past week, leaving a total of 247 aircraft – 195 of which were leased – to potentially re-enter the market, according to Ishka calculations. more

24/04/2020

in Airline Profiles

Ishka and Oriel cut aircraft values as airlines look to reduce fleets

Appraisers at Oriel and Ishka cut asset values and lease rates in early April across various aircraft types due to the coronavirus crisis and warn that further cuts are likely. more

14/04/2020

in Aircraft Asset Profiles , Lessors and Lease Rates

Forecast: 1,001 missing 737 MAXs by year end 2022

Ishka’s head of advisory, Eddy Pieniazek and Dickon Harris explain how the grounding of the 737 MAX grounding, has disrupted aircraft delivery forecasts and aircraft lessors’ plans. more

14/02/2020

in Aircraft Asset Profiles , Modelling and Forecasting , Aircraft Finance Market

So, how did we do? Ishka reviews its 2018 Vista forecast

Ishka assess whether its predictions for 2018 came to pass. more

18/01/2019

in Modelling and Forecasting

Update: Investors help Germania’s short-term cash woes

Investors have helped the troubled German airline to meet a €20 million shortfall to keep operating but the charter carrier remains on Ishka's watch list. more

17/01/2019

in Airline Profiles

TAP’s path to recovery

Ishka studies how Portugal’s flag carrier, TAP, has adapted its business model following the privatisation in 2015. more

01/11/2018

in Airline Profiles

The hidden rationale behind IAG’s potential bid for Norwegian

Ishka examines why IAG may be planning to take over a vulnerable Norwegian Air Shuttle. more

13/04/2018

in Airline Profiles , Aircraft Finance Market

Could investors be hit by 5,000 excess aircraft?

Ishka examines what might happen to the world’s stored fleet in a downturn. more

24/07/2017

in Modelling and Forecasting

The Ishka Signals: an industry review

Ishka presents a short review, based on results from the first third of the year, of key areas we believe provide important signals in determining the trend and direction of the industry’s many facets. more

06/06/2017

in Aircraft Finance Market

Are twin-engine widebodies a good investment?

In this Insight, Ishka looks at the investment proposition offered by twin-engine, twin-aisle (widebody) aircraft. Ishka lists both the major concerns surrounding these assets as well as the six key drivers that make twin-engined widebody aircraft, potentially, an interesting proposition for investors. more

19/01/2017

in Aircraft Asset Profiles , Investor Education

The Ishka View: Will 2017 be a hard or soft landing?

The aviation industry faces the prospect of a weaker 2017. Edward Pieniazek, head of advisory & analytics at Ishka, investigates and asks whether investors should brace themselves for a hard or soft landing next year. more

18/12/2016

in Capital Markets , Investor Education , Modelling and Forecasting , Aircraft Finance Market

OEMs offer a helping hand

Boeing has been creative in its support to its airline and leasing customers - switching ordered assets, and managing deferrals. These efforts ensure carriers ‘stay with the programme’ but is also an indicator that the market is becoming increasingly stressed. Ishka examines how Boeing has managed to find solutions for its customers, and in doing so has helped its own production gaps. more

01/11/2016

in Airlines , Manufacturers

What does Brexit mean for aviation investors?

We look briefly at three key areas in aviation – the assets, passenger traffic and and the new regulatory environment to understand the impact of last week's historic UK vote on aviation. more

27/06/2016

in Airline news , Manufacturer news