We are just at the beginning of this restructuring. Many airlines just froze their orders, waiting for vaccines, and government recovery plans.
But in Asia, central banks are not playing the same game the FED and ECB are doing. In addition, Asia was the main contributor in the order books.
Order backlogs suggest that Airbus and Boeing have 902 aircraft scheduled for delivery into the region by the end of 2021.
It is important to note that the figure of 902 commercial jets, which foresees 370 deliveries to the Asia-Pacific in 2020 and 532 in 2021, is an estimate. A good many aircraft have already been deferred. More certainly will be. These transactions have yet to be formally announced and are not reflected in Cirium fleets data.
New strains of Covid could extend the dark winter for travels…
