U.S. Airlines Plan Mass Ret. of Older Aircraft
By Adrian Schofield
Aviation Week & Space Technology
U.S. legacy airlines are preparing to cull dozens of older mainline aircraft from their fleets this fall, as they foresee even tougher times after the peak summer travel season.
Deep first-quarter losses reveal the industry's shaky condition due to record fuel costs. This alone would be enough to force carriers to review their capacity plans, but another blow is expected in the fourth quarter when the economic downturn could start to seriously bite into travel demand.
Carriers are accelerating the removal of their least fuel-efficient aircraft, which will see more 737-300s and -500s, MD-80s, and older 757s either parked in the desert, returned to lessors or sold offshore. And it isn't just metal that will be heading out the door - both United and Delta have announced plans to shed several hundred workers this year.
Complete Article: view link
Processing all these aircraft with create jobs, and profits, with the companies that do the work. - Silas
Aviation Week & Space Technology
U.S. legacy airlines are preparing to cull dozens of older mainline aircraft from their fleets this fall, as they foresee even tougher times after the peak summer travel season.
Deep first-quarter losses reveal the industry's shaky condition due to record fuel costs. This alone would be enough to force carriers to review their capacity plans, but another blow is expected in the fourth quarter when the economic downturn could start to seriously bite into travel demand.
Carriers are accelerating the removal of their least fuel-efficient aircraft, which will see more 737-300s and -500s, MD-80s, and older 757s either parked in the desert, returned to lessors or sold offshore. And it isn't just metal that will be heading out the door - both United and Delta have announced plans to shed several hundred workers this year.
Complete Article: view link
Processing all these aircraft with create jobs, and profits, with the companies that do the work. - Silas
