Three years ago, Indian LCC GoAir ceased operations with a fleet consisting mainly of Airbus A320neos. Aviation Week data shows where those airframes are now.

Aviation Week forecasts that the CRJ will be operated well into the 2030s and potentially beyond for the youngest airframes delivered most recently.

Low-cost carriers further along in terms of fleet modernization should feel less impact from the elevated oil price whereas those with older equipment are potentially more exposed.