Big orders tend to dominate aviation headlines, as do glitzy launches of new aircraft lines. The past five years have seen plenty of both, which together suggest a frenzy of interest in new aircraft, as certain airlines and lessors push hard to rejuvenate their fleets. Certainly, backlogs have crept up for years, reaching a “new normal” of 6-10 years of aircraft production, according to analysis by Deloitte. In the decade prior to 2008, in contrast, Boeing and Airbus typically ...

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