DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
May 21, 2024
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The industry adage is that airlines order aircraft in good times and take delivery of them in bad times.  Timing, as always, is everything.   Ordering aircraft is something airlines do with a long-term view.

This chart shows how the long term book to bill ratio has been tracking. As we can see, 2017 looks likely to go below 1:1. This is a cyclical business and we definitely in the midst of a down swing.

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Addison Schonland
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.