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Analysis: Is there a secondary market for the superjumbo jet?
30 September 2011
There will be a secondary Market for the A380 writes, Mark Lapidus, managing director, Doric Asset Finance.
Maybe as little as a year or two ago many aviation professionals, if not most, would have said that ‘’low-cost, long-haul’’ is Freddy Laker’s dream and that AirAsia X (the long-haul off-shoot of AirAsia) is Tony Fernandes’ ego trip and is doomed to struggle. In fact, it seems to be doing well.
However, even diehards of the old aviation order would have taken notice of Singapore Airlines’ low-cost start-up and Qantas' recent announcements about restructuring. The aviation business is changing to fit into the new realities of the global economy.
It is unlikely that the "low-cost, long-haul" segment will conform to the typical low cost carrier (LCC) models people associate with Ryanair or EasyJet. It is going to be about low labour costs, as everything else is broadly similar between all airlines, and marketing ability to get the formula right.
Air Austral will operate its A380s with more...
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