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Aviation Trends
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Markets
Air freight reaction
2026 Mar 15
Loss of capacity due to ME region airspace and airport closures prompted capacity and routing shifts, in midst of rising rates and fiscal impacts due to fuel costs, insurance surcharges and pending inflation; regions chargeable weights YoY: ME & MESA -36%, AFR -23%, EUR -7%, LAC -2%, NAM +3% APAC +5%.
Markets
Mideast closures and suspensions
2026 Mar 15
Bahrain Iraq Kuwait close airspace, Qatar and Saudi impose severe restrictions, EASA advises airlines to avoid airspace of countries in ME region; Cathay Pacific adds extra flights to Europe due to reduced ME connections, Oman Air cancels multiple routes, Turkish Airlines suspends Gulf services.
Markets
Bypass port for crude oil
2026 Mar 13
No bypass port to absorb displacement caused by Strait of Hormuz block, processing nearly 1/3 of world’s seaborne crude oil and 33m TEUs of container cargo each year, posing greatest single point of failure for region’s ocean liner connectivity.
Forecasts
Airlines and fuel prices
2026 Mar 13
Airline profitability highly sensitive to speed of changes in fuel prices; when prices remain high but stable, airlines gradually adjust to operate profitably, albeit generally with reduced margins, however, fuel price shocks raise costs faster than revenues adjust, increasing risk of margin and profit erosion for industry.
Forecasts
Ocean container capacity
2026 Mar 13
Braemar Shipbroking estimated global container over-capacity 14% 2026, 20% 2027, 30% 2028, reduced by longer voyages around Cape of Good Hope due to ME crisis and Red Sea disruptions to 5% 2026, 11% 2027, 22% 2028.
Forecasts
Trading market outlook
2026 Mar 13
Aircraft trading market for 2026 tightening as low supply and high demand raise values; market affected by operators retaining fleets due to delivery delays; narrowbody market facing shortage of components, met by harvesting newer models; cargo market finding low feedstock as operators keep aircraft to serve pax market growth; traders acquiring older aircraft to access engines with remaining times and in-demand compenents.
Markets
Latin America & Caribbean cargo growth
2026 Mar 13
International air cargo in LAC reached 4.1m tonnes in 2025 +3.2% YoY, concentrated in major airports hubs with growth driven by mid-sized markets: Argentina, Costa Rica, El Salvador, Panama, Peru; largest export markets in tonnes: Brazil 881k, Colombia 818k, Mexico 661k; main import market for LAC: United States; cargo volume between China and Mexico +14.6% primarily due to higher China imports.
Markets
Boeing orders and deliveries 2026 Feb
2026 Mar 12
During 2026 Feb, Boeing recorded 21 new orders: B737 7 units, B767 6, B777 0, B787 8, and 51 deliveries to 27 customers: B737 43 units, B767 3, B777 2, B787 3.
Airline Developments
Status · Fleet · Intent
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Atlas Air
United States
Intent
New model A350F
TBA
Airline
Chingis Airlines
MongoliaFleet
Added model AT76
2026 Mar 13
Airline
Chingis Airlines
MongoliaStatus
New airline Startup
2025
Airline
Aerolinee Siciliane
Sicily
Intent
Launch B734 operations
2026 May 31
Airline
AlpAvia
Slovenia
Status
License revoked AOC
2026 Mar
Airline
Luxwing
Malta
Intent
New model E145
2026 Mar
Airline
Ceiba Intercontinental
Equatorial Guinea
Intent
Add model AT76
2026 Jun
Airline
Cronos Airlines Equatorial Guinea
Equatorial Guinea
Fleet
Added config E135 BJ
2026 Mar 12
Fleet Capacities
Aircraft Operator > Flight Provider
Aircraft Operator
Avion Express Lithuania
Lithuania
Flight Provider
SunExpress Turkiye
Turkiye
Start
A320ceo
2026 Mar 11
Aircraft Operator
Terra Avia
Moldova
Flight Provider
Kenya Airways
Kenya
Start
B747-400
2026 Mar 10
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