Low-cost and ultra-low-cost airlines are more likely to feel the pinch of “higher-for-longer” interest rates than the Big Three.
Credit: joepriesaviation.net
The commercial aviation industry is showing resilience amid stubbornly high interest rates, with airlines and lessors benefiting from strong demand despite the high cost of capital. Airline industry net profits are forecast to reach $23.3 billion in 2023 with a net profit margin of 2.6%, and $25.7...
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