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With few flights and even fewer passengers, the coronavirus pandemic unleashed a wave of challenges for airlines. Some have gone out of business and others are barely surviving as global passenger volume hovers at around 50 percent of 2019 levels.
Without passengers to fill them, airlines have been retiring their older aircraft faster than normal. The more than 1,400 planes airplanes parked in 2020 that might not return to service is more than twice as many aircraft as would customarily be retired in a single year, according to a 10-year aviation forecast by the business consulting firm, Oliver Wyman. The result will a more modern fleet, the report states.
In a glass-is-half-full observation, David Marty, head of digital solutions marketing at Airbus, noted that planes remaining in airlines’ fleets are younger, more fuel-efficient aircraft, with lower carbon dioxide emissions.