Austrian Airlines presents post-coronavirus fleet strategy corresponding to 20% capacity reduction

    Austrian Airlines presented (21-Apr-2020) its post-coronavirus fleet adjustment strategy. The plan assumes a maximum 75% of pre-coronavirus demand by the end of 2021 with a full recovery not expected until 2023. The airline will retire seven A319s and three of the six Boeing 767s by 2022, in addition to the planned phase-out of its Bombardier Q400 equipment, for a fleet of around 60 aircraft. The reduction corresponds to a capacity reduction of around 20% and will focus on the oldest aircraft, with completion reducing average fleet age from 15.4 years to 14.6 years. [more – original PR]