The rapid spread of the low-fare model from the U.S. to virtually all other regions of the world has stimulated greater-than-expected demand, allowing narrowbody values to register a rise for the first time in many years. While the legacy carriers mostly continue to struggle, low-cost carriers are thriving. A plethora of new market entrants have arrived, soaking up the surplus of aircraft. A shortage of quality equipment has emerged, which has induced a modest improvement in values. Only 21 members of the A320 family, out of nearly 2,300 in service, are currently being advertised for sale or lease.
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