COVID-19 disrupting Asia-Pacific fleet strategies


Source: centreforaviation.com centreforaviation.com

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COVID-19 disrupting Asia-Pacific fleet strategies Premium Analysis In a span of just 5-6 months, COVID-19 has rendered airline fleet plans completely irrelevant to market realities. Asia-Pacific airlines are now scrambling to defer this year’s aircraft deliveries and reassessing long-term orders, as they look to realign their strategies with the industry’s bleak outlook. With so much of their fleets likely to remain parked for an extended period – particularly international aircraft – airlines in the region have little appetite to add new aircraft if they can avoid it. There will also be significant changes in the composition of existing fleets as...