Let’s take a look at the air transport fleet’s current active and stored/parked status. As we reach mid-November, ~61% of the fleet is in service, and 39% parked. The regional situation continues to diverge. COVID fatigue in the US has helped domestic travel recover, and ~64% of the fleet is active. The bright light continues to be China, where domestic travel has staged a remarkable recovery resulting in ~84% of the fleet in service. Many European countries are in a renewed lockdown, and consequently, the European fleet has the worst active fleet % of any region (only ~50% active). Remember, even if the aircraft are active, they are often flying reduced hours/cycles, and load factors are still lower.
Looking at just the parked/stored fleet in terms of the aircraft size, ~51% of stored aircraft are narrowbodies with widebodies making up 19%, Turboprops, and RJs the remaining 30%.
Moving forward to the rest of the year, we should closely watch Thanksgiving and the Christmas travel period. It’s typically a busy time for passengers and Air Cargo. However, with COVID cases rising in the US, how much of a dent this will have on Thanksgiving travel remains to be seen.
Date: March 12 , 2021
Reviewing 2020 Aircraft Retirements
So, how many air transport aircraft retired in 2020? Thousands? Nope. 2020 did not yield the thousands of retirements that had been feared. Though the final tally will be subject to revision in the coming months, so f...
Date: January 18 , 2021
Norwegian Air Shuttle Fights for Survival
On the 14th of January, Norwegian Air Shuttle announced plans to focus on short-haul flying and abandon long-haul. Norwegian’s quest for profitability long preceded COVID-19. The restructuring plan calls for 50 nar...
Date: January 12 , 2021
Calmer weather is on the horizon. Outlook for 2021
Aviation leaders tend to be optimists. Each dawn, they believe, promises a new start. The storm clouds will pass, they confidently say. We are lucky that our industry was is full of engineers, strategists, and planner...