Fares eclipsed fuel in Q2

Delta's Q2 earnings show ticket price increases outpaced fuel price increases.

Aircraft Intelligence Monthly - July 2026

V2500 engine market softens from market peak. A320ceo and 737NG fleets seeing reduced cycles / shop visits. Air cargo rates remain elevated without Middle East lift. Oil markets continue to signal stress as crack spreads remain elevated. Allegiant proves the problem is not in the low-cost model. Fight for EasyJet centered around fleet, but value is in the airline.

US ticket revenues balancing Spirit loss with stock market concern

US domestic ticket revenues continue rising driven by higher fares, but early 2025 showed concerning correlation with stock market performance.

Aircraft lease rate factors have not historically followed interest rates

Aircraft lease rates show surprising disconnect from interest rates, driven instead by capital supply and aircraft demand dynamics.

Widebody suites over seats

The real estate market at 35,000 feet is changing

Despite fuel spikes, mid-life lease rates expected to remain stable

Oil price spikes raise concerns about mid-life aircraft lease stability, but historical patterns suggest rates may remain resilient.

Oil Should Have Spiked - Why It Didn't

How a secret stockpile bought the world time, and why the clock is still ticking

B787-9 fleet demographics and values - June 2026

Low oil inventories signal higher prices despite futures market

Strait of Hormuz reopening expected, but inventory drawdowns and supply constraints suggest elevated oil prices will persist for months.

Operator risk high, but waterfall approach necessary to properly assess

Fuel prices doubled this year, reigniting airline risk concerns. A waterfall approach considers competitive dynamics alongside financial metrics.

Fuel is cheaper - fares are not

Airlines once needed pricing power; now they won't give it back.

Narrowbody backlog risk elevated for NEO in ULCC shift in growth

Spirit's collapse raises questions about ultra-low-cost airline viability, with A321neo orders most exposed to potential growth slowdown risks.

Putting the "I" in BRIC

What an SMU Junior Taught Us About the Indian Travel Market

Aircraft Intelligence Monthly - June 2026

Low oil inventories signal higher prices despite futures market, Aircraft demand impacted by high fuel prices in long term, Aircraft lease rate factors have not historically followed interest rates, New narrowbody values not keeping up with inflation; mid- life better, GE90 fleet expected to see extended service toward 2040, Qantas set to introduce A350-1000ULR onto profitable SYD- LHR route

A320neo production falls behind 737 as Airbus argues with RTX

A320neo production declines while 737 output rises, revealing production challenges and delivery timing issues affecting both manufacturers.

Rise of the A350-1000

Stretching the cabin - and the legs - of Airbus's premier widebody

A330-200/300 utilization a replacement market for A330neo/787-10

A330s face gradual retirement with A330-900 and 787-10 positioned as natural replacements for existing mid-sized widebody networks.

Brief spike in parked aircraft expected to revert to normal

Middle East conflict causes brief aircraft parking spike, but industry fundamentals suggest quick recovery amid peak travel season.

Middle East drawdowns to continue

A look at Emirates and the schedule reductions that are likely to continue

Transatlantic market shows unique sensitivity to seat gauge

Transatlantic aviation uniquely reflects market conditions through seat gauge changes rather than capacity shifts, with implications for future fleet

B737-8 fleet demographics and values - May 2026

Long-haul narrowbodies will (probably) not replace widebodies

Charting the results of the OG long-haul narrowbody wave

ME3 long-term growth strategy unchanged despite disruption

ME3 airlines maintain growth plans despite regional disruption, with fleet strategies unchanged as they prepare to compete for recovering traffic.

Business class in a 41-seat regional jet?

Why United increasing seat costs by 22% is a genius decision

Aircraft retirements accelerate in Q1 2026 challenging capacity shortfall

Q1 2026 aircraft retirements surge amid geopolitical tensions and high fuel costs, signaling a potential end to narrowbody shortage by 2027.