India pandemic travelers Coronavirus India

Planes grounded by Covid-19 largely avoid the junkyard—for now

Reading now: 815
www.livemint.com

SYDNEY : After the coronavirus pandemic grounded air travel, many of the thousands of aircraft that were parked at storage facilities around the globe seemed destined for the scrap heap.That hasn’t happened.

Instead, aircraft owners are junking fewer planes than just before the pandemic.About 440 large commercial jetliners were scrapped in 2020, a roughly 15% decline compared with 2019, according to aviation-analytics firm Cirium.

This year, the number of aircraft being junked is currently some 30% below last year’s volumes, said Rob Morris, Cirium’s global head of consultancy.The slow pace highlights the challenge airlines face as they navigate out of the coronavirus pandemic.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA