For some, 13 is an unlucky number. Not for plane builders though. For them, that’s the number of years now since their market last saw a big downturn. How much longer can the aircraft boom last? The question was front and center at last week’s ISTAT Americas 2015 conference in Phoenix, organized by the International Society of Transport Aircraft Trading. There, many buyers and sellers of aircraft—including several airlines, most major leasing companies and both Boeing and Airbus—argued forcefully that market conditions remain strong, with few if any signs of distress on the horizon. In the 10 years to 2014,…
