Airlines will make more than $40bn in profit this year, according to an analysis by Irish aircraft lessor Avolon. But the company says that carriers could “miss” growth opportunities as deliveries of new passenger jets from manufacturers including Airbus and Boeing lag orders. The backlog has prompted Boeing and Airbus, the world’s biggest manufacturers of commercial aircraft, to boost production, Avolon added. Delivery growth at its European rival Airbus was 3.5 per cent, the report said. Low-cost carriers, led by Ryanair, which is taking on 29 new Boeing jets this year, are leading growth in Europe, according to the company.
