Core Insights - The global wide-body jet market is entering a strong recovery phase after nearly a decade of stagnation, marked by significant improvements in aircraft pricing and robust market demand [1] - The supply-demand dynamics have fundamentally improved following a challenging period from 2014 to 2022, characterized by excess capacity and production cuts from major manufacturers [1] - The normalization of international air travel demand is revitalizing the wide-body aircraft market, with the market value of a new Airbus A350-900 exceeding $160 million, up from less than $140 million in 2022 [1] Orders and Market Confidence - Airbus has received over 270 wide-body aircraft orders since December 2023, with a book-to-bill ratio exceeding 2.5, indicating strong market confidence in future international route growth [4] - Major airlines such as Riyadh Air, StarLux Airlines, Korean Air, Japan Airlines, IndiGo, British Airways, and Delta Air Lines have placed large orders, reflecting a strong belief in the market's recovery [4] Profitability Outlook - The new orders with strong pricing are expected to significantly enhance manufacturers' profitability, with Airbus A350 project margins projected to improve by 2026-2027 as production ramps up [4] - From 2028, high-priced orders will enter a concentrated delivery phase, with the A350's EBITDA margin expected to exceed 15% by the end of 2030 [4]