Frequently industry analysts get caught up in the vast amount of minutiae this industry generates. We decided to step back and take a 50,000 foot look at the industry and came up a few charts we find illustrative and interesting.
Taking the global fleet and breaking it down by regions gives us the first chart. Three markets are clearly crucial and make up 75% of the market. Numbers in the columns represent the fleet type size. The bold numbers indicate how much of the global fleet is based in the region.
The smaller markets are rather similar in extent. Turboprops represent 9.8% of the market, narrow body aircraft are 71.5% and wide body aircraft make up 18.8%.
Breaking down these data into pie charts illustrate another view to the data. Whereas most regions have a similar fleet profile, two regions are distinctly different and these are highlighted by the yellow circles. Asia/Pacific and the Middle East fleets are much more wide body biased. This is especially the case for the Middle East carriers and its no surprise that the focus there is Emirates and the A380.
Now let’s look at some history. First narrow bodies and the changes are small but distinct. As the global market grows, North America and Europe shrink.
Next wide bodies. Note the growth in Asia/Pacific and Middle East.