Fleet Renewals
Back to Forum- This topic has 12 replies, 10 voices, and was last updated 29 Mar 2020
at 21:40 by Johnnyg.
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JohnnygParticipantWith most airlines now grounding their fleets and some airlines taking the opportunity to retire their aircraft early etc, I wonder how many will be looking at renewed / new / less routing in the future and amending new orders or sending aircraft back to leasing companies early.
I can imagine that some leasing companies will have a glut of aircraft available before the autumn period.
It certainly can’t help the sales teams at Airbus and Boeing.
Thoughts?
16 Mar 2020
at 19:57
BackOfThePlaneParticipantI imagine pretty much every airline in the world will be focussing on surviving right now. And nothing else.
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16 Mar 2020
at 20:38
rfergusonParticipantThis could also see the end of the Queen of the skies. Few airlines operate the 747 as it is. Most of those that do will now park her up and likely bring forward scrapping.
I would NOT want to be EK right now with 140-odd A380’s to fill!
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16 Mar 2020
at 20:50
sparkyflierParticipantHowever the oil price is super low, and once this is over, and with there likely being less competitors, demand will return, and capacity will be needed. People will want to travel, have holidays, do business and see friends, family and lovers etc.
But governments need to help out big time and provide support…
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17 Mar 2020
at 00:07
cwoodwardParticipantI have just been looking at Fligtradar24 and of the just 13 aircraft within 100 n miles of HKG,just landed or about to depart 10 of them are 747 freighters.
It looks like the future for the Queen of the Skys is assured – carrying freight instead of paxs.3 users thanked author for this post.
17 Mar 2020
at 00:14
TupeloKidParticipantHowever the oil price is super low, and once this is over, and with there likely being less competitors, demand will return, and capacity will be needed. People will want to travel, have holidays, do business and see friends, family and lovers etc.
But governments need to help out big time and provide support…
If the oil price is low and demand will return, why should airlines need or deserve a government bail-out (say, in preference to many thousands of SMEs)?
1 user thanked author for this post.
17 Mar 2020
at 03:32
SimonS1ParticipantThis could also see the end of the Queen of the skies. Few airlines operate the 747 as it is. Most of those that do will now park her up and likely bring forward scrapping.
I would NOT want to be EK right now with 140-odd A380’s to fill!
I think I would rather be working for EK which has an owner with deep pockets than for some of the other airlines.
Short term pain but the market will return. It’s who can survive the interim period.
17 Mar 2020
at 08:30
alainboy56ParticipantI am very interested to know who you think is the owner of EK and if as you say, they have deep pockets, it also appears to me over the past 2 years or so, that they have also very short arms.
But overall I agree with you, they will survive and very much so.18 Mar 2020
at 19:55
SimonS1ParticipantI am very interested to know who you think is the owner of EK and if as you say, they have deep pockets, it also appears to me over the past 2 years or so, that they have also very short arms.
But overall I agree with you, they will survive and very much so.EK is owned through one of the Government of Dubai holding vehicles.
18 Mar 2020
at 22:52
alainboy56ParticipantAhhhhh but that’s the official line, and you know our gulf friends – to keep one’s face is always far more important than the truth
19 Mar 2020
at 16:42
IanFromHKGParticipantIt does seem likely that the backlog of orders for both Airbus and Boeing (and the other smaller manufacturers) will shorten, which will probably be good for the entire world as older and less fuel-efficient aircraft are retired.
29 Mar 2020
at 14:04 -
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