In the seventh of our Thought Leadership series Ameya Gore AVP-Asset Management attended the ISTAT Americas conference in San Diego and discusses the Wide Body Market.
Wide Body Market (what ISTAT says):
Ameya Gore commented “Completely agree with these views. Not much left for imagination as the current fuel prices are driving consumption of the B777 and A330 products more compared to the A380s. The B787 and A350 programs are also doing well. The 4 engines XL Wide Body aircraft may see a return in demand only if the fuel prices again spike up to the 2009 recession time levels. But that may further prove to be counterproductive as the 2 engine variants will still find more demand due to the reduced operating costs. It will be interesting to see how the A380s cope up with the market pressure from B777, A330, B787 and A350 programs.”
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