Plane Insights Q4 2026 Publication

As the war in Iran continues to shape the global environment, the Strategic & Market Analysis Team at SMBC Aviation Capital brings you this edition of Plane Insights, looking at a world of elevated oil prices, sticky inflation and rising bond yields.
 
We take a closer look at Japan, a cornerstone of aviation finance, and examine why the oil shock has not been felt equally, with refining costs mattering more to airlines than the price of crude. In addition, we review how lessors are financing new deliveries and how European airline consolidation differs from the US, and what this means for lessors.
 
We particularly focus on the resilience of commercial aviation since the onset of the war, through the lens of connectivity and aircraft storage. 

To read the report in full, please click on this link: SMBC Aviation Capital Plane Insights Q4 2026