Airline cancellations-The GRETA Effect ?


NZDoug
#1
Airliner Cancellations Slightly Concerning, Analysts Say.
Year-to-date cancellations of large commercial aircraft orders are totaling 441 units through November, according to financial analysts, a worrying but not catastrophic increase over the 303 in 2018.
“We view this spike in the number as slightly concerning but there might be an added relief through opening up [production] slots given the tight supply situation,” Jefferies analyst Sheila Kahyaoglu and her team said in a Dec. 2 report. “We continue to monitor for further signs of stress, but the market looks good right now.”
The analysts believe recent airline troubles, combined with aircraft technical issues, have led to the spike in cancellations as a percentage of orders. By airline, Jet Airways has canceled 135, then Etihad Airways at 42, Republic Airways at 40 and Germania at 25. Lessors Boeing Capital, Amedeo and Air Lease Corp. have canceled 75, 20 and 18, respectively. By type, the Boeing 737 MAX showed the most cancellations at 229, then Airbus’ A320 and A220 both at 45 each, followed by the A350 at 44, Boeing 787 at 35, Airbus A380 at 31, A319 at eight and one A321.
Retirements are expected to be about 2.5% of the fleet in 2019, the Jefferies team said. “This is partially driven by the number of jetliners built two decades ago and by the fact that most carriers in the emerging markets buy new,” they reported.
The percent of the fleet that is parked, meanwhile, continues to run at an elevated level, especially compared with the fact that it has dropped almost every year since 2001. As of Nov. 27, 7.6% of the fleet is parked, according to Jefferies, including 993 in-production jets and 675 out-of-production jets. The team’s estimate of the parked fleet indicated there is a shortage of about 400 aircraft. The trend is exacerbated by the current parked MAX fleet, which totals 386 aircraft.
https://aviationweek.com/commercial-...2c1ad43e11574b
 
spilledthebeer
#2
Quote: Originally Posted by NZDoug View Post

Airliner Cancellations Slightly Concerning, Analysts Say.
Year-to-date cancellations of large commercial aircraft orders are totaling 441 units through November, according to financial analysts, a worrying but not catastrophic increase over the 303 in 2018.
“We view this spike in the number as slightly concerning but there might be an added relief through opening up [production] slots given the tight supply situation,” Jefferies analyst Sheila Kahyaoglu and her team said in a Dec. 2 report. “We continue to monitor for further signs of stress, but the market looks good right now.”
The analysts believe recent airline troubles, combined with aircraft technical issues, have led to the spike in cancellations as a percentage of orders. By airline, Jet Airways has canceled 135, then Etihad Airways at 42, Republic Airways at 40 and Germania at 25. Lessors Boeing Capital, Amedeo and Air Lease Corp. have canceled 75, 20 and 18, respectively. By type, the Boeing 737 MAX showed the most cancellations at 229, then Airbus’ A320 and A220 both at 45 each, followed by the A350 at 44, Boeing 787 at 35, Airbus A380 at 31, A319 at eight and one A321.
Retirements are expected to be about 2.5% of the fleet in 2019, the Jefferies team said. “This is partially driven by the number of jetliners built two decades ago and by the fact that most carriers in the emerging markets buy new,” they reported.
The percent of the fleet that is parked, meanwhile, continues to run at an elevated level, especially compared with the fact that it has dropped almost every year since 2001. As of Nov. 27, 7.6% of the fleet is parked, according to Jefferies, including 993 in-production jets and 675 out-of-production jets. The team’s estimate of the parked fleet indicated there is a shortage of about 400 aircraft. The trend is exacerbated by the current parked MAX fleet, which totals 386 aircraft.
https://aviationweek.com/commercial-...2c1ad43e11574b




IDIOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


AS USUAL you have your head jammed well up your backside!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


The recent crash of several Boeing planes is no doubt taking a toll!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


But the recent trade wars are ALSO taking a toll!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Red China has the worlds second largest economy.....................................


and if THEIR BIZ SLOWS - it means a WHOLE LOT LESS Chinese businessmen on international flights!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And the Hong Kong airport WAS a major transportation hub...........................


but pig headed Beijing Butchers provoked the local people into desperate acts of rebellion!!!!!!!!!!!!!!!!!!!!!!!!!


And the Hong Kong airport has been pretty much CLOSED.......................................


meaning NO business people flying into into Hong Kong!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


All the major economists make note of a slowing world economy..........................


and probable imminent recession so there is even more reason for slowing activity!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Add in the near shut down of the Yankee govt early this year and you have even LESS people flying......................


due to CASH SHORTAGES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Then add in the effect of govt union strikes - whenever there even the POTENTIAL for a civil service union HOG strike- the Cdn



economy SLOWS - so LESS people flying!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And we see the same SLOWING of the Cdn economy whenever we face an election................................


and the Cdn federal election actually BEGAN MONTHS BEFORE Our idiot Boy dropped his writ!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Add in the various terrorist attacks around the world and the troubles in Turkey and it means MORE economic slow downs!!!!!!!!!!!!!!!!!!!!!!!


I know people who wanted to travel to Cappadocia in Turkey - where the ancient cave dwellings are.........................


but its in the more SOUTHERN PART of Turkey....................................


meaning TOO CLOSE TO THE SYRIAN BORDER and the artillery duels and air strikes...............................


so that older Cdn couple WILL BE STAYING HOME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


They want to be TOURISTS - NOT combat reporters!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


No doubt many other people are thinking similar thoughts about possible trips to the Middle East!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


LIE-beral DEBT and radical violence are killing the world economy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
NZDoug
#3
More problems that will go away, like it or not.
........................................
"Two of the world's major national airlines have hurtled closer to the possibility of going bust after a difficult weekend that's left both with even more uncertain futures.
Italy's flag carrier Alitalia and South African Airways, which flies to Perth, have been haemorrhaging money for years but a series of fresh blows have raised concerns of collapse for both.
On Friday, the South African arm of Flight Centre announced it would no longer sell tickets for South African Airways flights due a lack of faith in its future, while Alitalia, which has struggled for years with money woes, is in limbo again this week after a rescue plan fell through.
Now the airlines, both former symbols of national pride for both their respective countries, may be the latest flag carriers to crumble in the wake of low-cost competition, rising fuel prices and global economic uncertainty."
more
https://www.nzherald.co.nz/travel/ne...ectid=12290548
 
Ron in Regina
+2
#4  Top Rated Post
Quote: Originally Posted by NZDoug View Post

Airliner Cancellations Slightly Concerning, Analysts Say.
Year-to-date cancellations of large commercial aircraft orders are totaling 441 units through November, according to financial analysts, a worrying but not catastrophic increase over the 303 in 2018.
“We view this spike in the number as slightly concerning but there might be an added relief through opening up [production] slots given the tight supply situation,” Jefferies analyst Sheila Kahyaoglu and her team said in a Dec. 2 report. “We continue to monitor for further signs of stress, but the market looks good right now.”.......

The Greta Effect? Are Trans-Oceanic crossings in Carbon Fibre racing Yachts skyrocketing? How Dare They!! You People....
 
petros
#5
It stinks like surstromming.
 
darkbeaver
#6
aIRLINE CANCELLATIONS PAYEL beside eat cancellations
 
darkbeaver
#7
Dead republicanes can,t take things off the shellves
 
spilledthebeer
#8
Quote: Originally Posted by NZDoug View Post

More problems that will go away, like it or not.
........................................
"Two of the world's major national airlines have hurtled closer to the possibility of going bust after a difficult weekend that's left both with even more uncertain futures.
Italy's flag carrier Alitalia and South African Airways, which flies to Perth, have been haemorrhaging money for years but a series of fresh blows have raised concerns of collapse for both.
On Friday, the South African arm of Flight Centre announced it would no longer sell tickets for South African Airways flights due a lack of faith in its future, while Alitalia, which has struggled for years with money woes, is in limbo again this week after a rescue plan fell through.
Now the airlines, both former symbols of national pride for both their respective countries, may be the latest flag carriers to crumble in the wake of low-cost competition, rising fuel prices and global economic uncertainty."
more
https://www.nzherald.co.nz/travel/ne...ectid=12290548




And BOTH Italy and South Africa are BANKRUPT NATIONS!!!!!!!!!!!!!!!!!!!!!!!!!!


Italy is merely bankrupt compared to South Africa which is..............................


just about the most crime ridden country on the planet!!!!!!!!!!!!!!!!!!!!!!



The disappearance of a couple of MARGINAL AIRLINES.....................


that have been surviving on BORROWED GOVT GRAVY..........................



will be a boon to over burdened tax payers in Italy and South Africa..................................


and will STRENGTHEN the surviving airlines by giving them more passengers!!!!!!!!!!!!!!!!!!!!!!!!


Apparently Nut Zone Doug was NOT PAYING ATTENTION when his Red Chinese masters tried to explain the workings ..............


of "supply and demand" in a Capitalist country!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Or maybe Nut Zone Doug is JUST UPSET at the loss of the Italian or South African airlines ................................


because he has been using them to fly back and forth between Perth and Beijing.............................


to meet with and get instructions from his Red Chinese SPY MASTERS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

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