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Saturday, 24 August 2019

Airlines with youngest fleets in the world revealed


CHUR - Swiss airline intelligence provider ch-aviation today revealed the names of the world’s youngest airline fleets, measured in average aircraft age. It is the second such ch-aviation analysis on the topic, and the company’s first report was published two years ago in August 2017.
Analysis shows several of the youngest airline fleets are in Asia, while Norwegian Air Sweden tops the list as the commercial carrier with the youngest fleet of aircraft on a global scale. VietJetAir has the youngest aircraft fleet of the large airlines (those with 50 aircraft or more). In the very large airline category, (100 aircraft or more) Aeroflot takes the crown for the youngest airline fleet.
The average aircraft flying the globe is 12 years old, shows ch-aviation’s analysis of more than 30’000 active commercial aircraft. This includes passenger and cargo aircraft. 
The youngest airline fleets are in Asia with an average age of 8,5 years. The oldest fleets are in the Africa and Oceania regions, where the average fleet is more than 16 years old.
Our data clearly shows that Asian airlines continue to see tremendous growth, especially the low-cost carriers. This coupled with good access to capital for new aircraft leads to the youngest fleets being in this part of the world” said Thomas Jaeger, ch-aviation CEO.
The airline with the world’s youngest fleet is Norwegian Air Sweden which operates a small fleet of 5 aircraft with an average age of 0,74 years. Interestingly, the Swedish subsidiary of Norwegian took the crown from another of the firm’s subsidiaries, Norwegian UK which was named as having the world’s youngest fleet in 2017. This year Norwegian UK took 3rd place, giving up the lead not only to its Swedish sister, but also to “Wizz Air UK”.
Mr. Jaeger further elaborated on Europe’s youngest airline fleets: “We found the interesting phenomenon in Europe where the youngest fleets belong to airlines operating as branded, in-house subsidiaries of larger airline groups. The uncertainty of Brexit, airlines looking for lower-cost operating models and a flux of other reasons mean European airlines are creating subsidiaries in different countries and in many cases moving their youngest aircraft to these newly created entities. Good examples are Norwegian, Wizz AirRyanair and SAS – these airline groups took all 5 leading places in Europe”.
The airline with the youngest fleet in Asia is Saudi low-cost airline “flyadeal” which operates a fleet of 12 aircraft with an average age of just more than a year. The youngest fleet in South America also belongs to a low-cost airline, in this case, Chile’s JetSMART. Interestingly, both of these leading airlines in Asia and South America started operations as recently as 2017. Kenyan low-cost airline Jambojet leads Africa’s list with an average aircraft age of 4,3 years.
Canadian regional airline WestJet Encore and French Polynesia’s Air Tahiti are two airlines that reached the top place in their regions’ youngest fleet ranking in both 2017 and 2019. WestJet Encore was the airline with the youngest fleet in North America in 2017 with 40 aircraft and an average age of 2,2 years. In 2019, the fleet had aged to 3,9 years on average, but it was good enough to keep its position in the region. The Air Tahiti fleet is now slightly younger than it was two years ago (around four years on average), and this fact guaranteed them the number one position in Oceania.
This year, we also looked at the youngest fleets for larger airlines separately, because fleet renewal for these airlines is more complex and requires more capital than for small start-ups,” says Thomas Jaeger. “In the category of airlines with 50 aircraft or more, we see Asian low-cost airlines dominating the list. The list of the youngest fleet with 100 aircraft or more, is led by Russian national carrier Aeroflot”.
The youngest fleets worldwide:
Operator
Average aircraft age
Home base
No of aircraft
Norwegian Air Sweden
0,74
Sweden
5
Wizz Air UK
0,95
UK
10
Norwegian UK
1,04
UK
13
SAS Scandinavian Airlines Ireland
1,30
Ireland
9
Flyadeal
1,34
Saudi Arabia
11

The youngest fleets in Africa:
Operator
Average aircraft age
Home base
No of aircraft
Jambojet
4,31
Kenya
5
Royal Air Maroc Express
6,03
Morocco
6
Air Austral
6,05
Reunion
8
Ethiopian Airlines
6,11
Ethiopia
104
RwandAir
6,17
Rwanda
12

The youngest fleets in Asia:
Operator
Average aircraft age
Home base
No of aircraft
flyadeal
1,34
Saudi Arabia
11
JTA - Japan Transocean Air
1,70
Japan
12
Air Travel
2,46
China
9
Qazaq Air
2,57
Kazakhstan
5
Kunming Airlines
2,68
China
26

The youngest fleets in Europe:
Operator
Average aircraft age
Home base
No of aircraft
Norwegian Air Sweden
0,74
Sweden
5
Wizz Air UK
0,95
UK
10
Norwegian UK
1,04
UK
13
SAS Scandinavian Airlines Ireland
1,30
Ireland
9
Malta Air
1,79
Malta
11
The youngest fleets in North America:
Operator
Average aircraft age
Home base
No of aircraft
WestJet Encore
3,85
Canada
47
Frontier Airlines
3,90
USA
90
Swoop
3,94
Canada
7
VivaAerobus
3,96
Mexico
34
Volaris
4,61
Mexico
75

The youngest fleets in Oceania:
Operator
Average aircraft age
Home base
No of aircraft
Air Tahiti
4,03
French Polynesia
10
Mount Cook Airline
6,93
New Zealand
29
Air New Zealand
7,12
New Zealand
65
Virgin Australia International
7,34
Australia
20
Air Tahiti Nui
7,57
French Polynesia
5

The youngest fleets in South America:
Operator
Average aircraft age
Home base
No of aircraft
JetSMART
1,66
Chile
8
Viva Air Colombia
4,36
Colombia
14
LATAM Express
4,73
Chile
13
LATAM Airlines
5,85
Chile
46
Azul Linhas Aéreas Brasileiras
5,99
Brazil
137

The youngest worldwide among large airlines (50 aircraft or more):
Operator
Average aircraft age
Home base
No of aircraft
VietJetAir
3,24
Vietnam
66
GoAir
3,42
India
51
Batik Air
3,49
Indonesia
58
Frontier Airlines
3,90
USA
90
Norwegian Air International
4,32
Ireland
67

The youngest worldwide among extra-large airlines (100 aircraft or more):
Operator
Average aircraft age
Home base
No of aircraft
Aeroflot
4,70
Russia
250
Hainan Airlines
5,06
China
237
Saudia
5,13
Saudi Arabia
155
Wizz Air
5,43
Hungary
104
Sichuan Airlines
5,65
China
155









Source: TravelDailyNews International

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