US airlines shedding older aircraft in bid to adjust to new levels

    CAPA – Centre for Aviation, in a report entitled: ‘COVID 19: US airlines get aid, ground older aircraft. What now?’, stated (19-Apr-2020) the US airline industry will be significantly smaller by the end of 2020, compared to 2019. Cowen & Co MD Helane Becker stated: “Airlines will end 2020 at least 20% smaller than they ended 2019, and probably closer to 30% smaller”. A quick way for airlines to shed their weight and adjust to new expected realities is to remove older aircraft. Ms Becker noted aircraft aged “over 20 years old are unlikely to ever fly again in passenger revenue service”, and the CAPA Fleet Database is recording 961 aircraft owned by the largest US airlines, American AirlinesSouthwest AirlinesDelta Air Lines and United Airlines, that are more than 20 years old. Ultimately, there are more ‘unknowns’ than ‘knowns’ right now, but the aviation industry should be bracing for potentially more screening regulations and the challenge of having to assure the travelling public that it is prepared to adjust to new levels. [more – CAPA Analysis]