What Will The Next Decade Look Like For Regional Aircraft Retirements?
According to Aviation Week Intelligence Network data, a surge of aircraft retirements took place in 2020 rivalling that seen in 2016. As the recovery’s pace and strength crystallize, airlines will make firm decisions about many aircraft currently in limbo. Airlines have made short term bets on their future fleets but have delayed long-term fleet-planning decisions until they see how their markets recover. Aviation Week Fleet Discovery flight tracking data shows there 29,951 aircraft were active in March 2020. At the end of February 2021, only 25,593 aircraft were active of which 16% were parked and nearly 10% were parked reserve meaning they were only flying once or twice per week. Take a look through our gallery of some regional forecasts for the next decade.