900 jets added to stored inventory

Friday, March 27, 2020

As carrier seeks to weather the coronavirus pandemic around one third of the global commercial airline fleet is currently in storage.

According to data from analytics expert, Cirium, during the past day nearly 900 jets have been added to the stored inventory.

As schedule continues to cut in total around 7,500 planes are now idle.

More than 600 Airbus and narrow-bodied planes have been re-classified in storage together with approximately 180 widebodies.

Over the past seven days Cirium has just transferred 100 passenger jets operated by the Chinese airlines from in-storage status to in-service.

It is noted that the Chinese carriers are close to reaching the milestone of 3,000 aircraft in operation.

Chinese airlines flew slightly fewer than 1,750 of their Airbus and Boeing aircraft on Tuesday. It collectively logged over 4,200 flight cycles and 9,300 flight hours.

As compared to March 26th last year, it shows a 40 per cent reduction in the number of aircraft observed flying and 60 per cent decline in daily hours and cycles logged.

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