ISTAT predicts crash of new aircraft demand and oil prices

[sarunas]

Adam Pilarski (Vice presidentat aviation consulting firm Avitas) told it's prediction regarding the future demand of new aircraft and the oil prices growth at the International Society of Air Transport Trading (IATA) conference in Phoenix (United States).

Avitas VP said that there is a huge bubble in the market of commercial aircraft because of the time you have to wait for your order aircraft. Usually it takes years.

Another factor that should cause new aircraft demand fall will be the fuel prices, which should fall in the future. And high oil prices is the main factor of new aircraft demand.

What do you think about the prospects of new aircraft market and future results of aircraft manufacturers?