Ray Sisson, AVi8’s Chairman & CEO, moderated a key panel at the Airfinance North America conference taking place in NY.
Panel topic, “Are the book to bill ratios of Boeing & Airbus the signs of a downturn?”
Some of the key points discussed were:
- It will be the first time since 2009 either manufacturer falls short of their book to bill of one; what this could mean.
- Will Boeing & Airbus be able to shift older generation planes…how and where: to other airlines or into retirement.
- Trends in rates of deferrals and cancellations.
- Key financing trends, will credit tighten significantly and how could that impact deliveries near-term.
- Do these factors point to a near-term downturn?
- The impact that low cost jet fuel, over a year now at around $50 per barrel, allowing older generation aircraft to stay viable and profitable in fleets, standing in the way of new aircraft taking their place.
- New technology aircraft introductory issues phasing into fleets.
Ray was joined on the panel by: Francois Collet, Vice President, Structured Finance – Banks and Capital Markets, Airbus and Wendy Sowers, Director of Product Forecasting, Boeing Commercial Airplanes