The 2018 Current Aircraft Finance Market Outlook forecasts another year of stable growth and funding diversification. The aviation industry has shown an exceptional level of resiliency in an environment of continued geopolitical and economic uncertainty, demonstrating the strength and value of air travel. For the eighth straight year, passenger traffic saw above-trend growth with historically high load factors and aircraft utilization rates. This consistent demand growth, along with the resurgence of air cargo, is attracting new capital and innovative ways to access new financing markets.
In review, 2017 saw domestic export credit remain largely untapped by the major manufacturers due to various obstacles. Against the backdrop of healthy commercial markets, aircraft finance evolved, creating new, incremental capacity through the insurance market and the selected use of global export credit agencies. In the years ahead, these new sources are expected to mature into integral aircraft financing solutions.
Despite macro-economic and geopolitical concerns, the aviation industry has continued to deliver exceptional results and adjust to external dynamics. For 2018, Boeing forecasts strong and efficient liquidity from diverse markets and ready access by investors to support record new aircraft deliveries.