Aircraft Market Chartbook - ALAFCO

1 Airbus and Boeing passenger Aircraft Aircraft Market Chartbook (March 2016). ALAFCO Aviation Lease and Finance Co. 1 Aircraft Market Chartbook Disclaimer This material (the Material ) is provided to you solely for informational purposes. It is not to be construed as advice or recommendations to you specifically. ALAFCO does not make any warranties or representations as to the accuracy or completeness of the Material. You should do your own independent evaluation of the Material. Neither ALAFCO nor its affiliates are responsible for any damages or losses arising from any use of the Material.

2 Reproduction of any portion of the Material or the information or data contained in any form is prohibited except with our prior written permission consent. ALAFCO AVIATION LEASE AND FINANCE CO. 2 Aircraft Market Chartbook Table of Contents Introduction and explanatory note 3. Single-aisle Market - In-service narrow-body Aircraft 4. - In-service A320 family Aircraft by engine type 4. - On-order narrow-body Aircraft 5. - On-order A320 family Aircraft by engine type 5. - In-service narrow-body Aircraft by region 6. - On-order narrow-body Aircraft by region 6.

3 - In-service narrow-body Aircraft by operator 7. - On-order narrow-body Aircraft by operator 7. Twin-aisle Market - In-service wide-body Aircraft 8. - In-service wide-body Aircraft by engine type 8. - On-order wide-body Aircraft 9. - On-order wide-body Aircraft by engine type 9. - In-service wide-body Aircraft by region 10. - On-order wide-body Aircraft by region 10. - In-service wide-body Aircraft by operator 11. - On-order wide-body Aircraft by operator 11. Airbus and Boeing passenger Aircraft specifications 12. Comparison of Aircraft by range and seat capacity 14.

4 ALAFCO AVIATION LEASE AND FINANCE CO. 3 Aircraft Market Chartbook Introduction and explanatory note The following report examines the Aircraft Market for Airbus and The charts will illustrate the Airbus and Boeing Aircraft that are Boeing passenger Aircraft . The report divides the Market into currently in-service and the engine types associated with the two sections: single-aisle Market ( narrow-body Aircraft ) and Aircraft , as well as new orders of Airbus and Boeing Aircraft and twin-aisle Market ( wide-body Aircraft ). the preferred engine option of customers.

5 The report will also highlight the regional distribution of fleet, for both in-service and There are approximately 21,000 passenger jet Aircraft in- on-order Aircraft , as well as the number of operators for each service today, of which more than 80% are Airbus and Boeing Aircraft type. Aircraft . In regards to orders of passenger jet Aircraft , Airbus and Boeing make up almost 90% of the 14,000 new orders. The The final section of the report compares the different Airbus and report will therefore focus on Airbus and Boeing passenger Boeing Aircraft in terms of seat capacity and range, for currently Aircraft , and exclude other smaller manufacturers.

6 In-service Aircraft and for new Aircraft that have not entered into service yet. Each Market has been divided into segments according to size. Narrow-body Aircraft have been categorized into four segments: segment A refers to Aircraft that hold less than 140 passengers in a high-density configuration, segment B Aircraft carry up to 160, segment C have a maximum seat capacity of 190 and segment D Aircraft can seat over 200 passengers. Wide-body Aircraft have been divided into three segments: small-sized Aircraft refers to capacity of up to 350 seats in a two-class configuration, medium-sized Aircraft hold a maximum of 425.

7 Seats, and large-sized wide-bodies can accommodate 500. passengers and above. ALAFCO AVIATION LEASE AND FINANCE CO. 4 Aircraft Market Chartbook Single-Aisle Market b737 -800 and A320-200 dominant single-aisle Market Most single-aisle Aircraft powered by CFM engines In-service narrowbody Aircraft In-service A320 family Aircraft by engine type (by number of Aircraft ) (by number of Aircraft ). 2500. 4000 3,694 3,782. 3500 2153. CFM International 3000 2000. International Aero Engines 2500 Owned 1541 Pratt & Whitney 2000 Leased 1500. 1,322. 1500. 1,048 1,091.

8 1000. 326 411 379 1000 877. 500 55 176 174 357. 145 47 57 52 55 720. 59. 0. B717-200. A318-100. b737 -200. b737 -500. b737 -600. b737 -300. b737 -700. A319-100. b737 -400. A320-200. b737 -800. b737 -900. B757-200. A321-100. A321-200. B757-300. MD-80. b737 -900ER. 445. 500 376. 34 13 29 30. 0. Segment A Segment B Segment C Segment D A318-100 A319-100 A320-200 A321-100 A321-200. Source: Ascend (as of December 2015) Source: Ascend (as of December 2015). There are around 13,500 Airbus and Boeing narrow-bodies Boeing's b737 Aircraft offer a single engine type CFM.

9 In-service today, of which around 45% are leased. Meanwhile, Airbus offers two engine choices for the A320ceo (current engine option) Aircraft , of which more than half are The b737 -800 and A320-200 Aircraft combined account for powered by CFM engines. 57% of narrow-body Aircraft that are currently in-service. The two Aircraft are considered the most liquid single-aisles on the CFM International is a joint venture involving General Market , with low availability and a very active leasing Market . Electric, while International Aero Engines is a joint-venture involving Pratt & Whitney.

10 The b737 -800 offers a higher seat capacity over its rival (additional 9 seats), though recent developments (Space- CFM engines are favored more on the A319 and A320. Flex) have enabled the A320 to match b737 capacity. Aircraft , while the larger A321 model favor IAE engines two- thirds of A321s are powered by IAE. Despite eventual replacement by newer technology Aircraft , large fleet of the A320-200 and b737 -800 are not expected to In the CEO variants of the A320 family Aircraft , the Pratt &. be significantly replaced until the mid to late 2020s.