Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 12, 2021

Airlines Withdraw Planes From Service in Reversal of Recovery

The number of airliners in service has plunged since the start of the year amid fresh coronavirus restrictions, strangling off a partial recovery seen in the latter half of 2020, figures from travel-data specialist Cirium show.

The slump is most pronounced for deployments of single-aisle aircraft, which fell below 8,800 on Feb. 5, a drop of almost 15% compared with Jan. 3, when the highest number saw action since last spring's initial lockdowns.

Wide-body usage slumped 14% from a Dec. 19 peak, though bigger aircraft remain comparatively far less popular, with just half the number in service compared with pre-pandemic levels as long-haul travel remains largely out of bounds.

New strains of Covid-19 have wiped out hopes for an early recovery in air travel, with the gradual roll-out of jabs expected to allow only a partial rebound this year. Cirium estimates that a return to 2019 demand levels could take until 2025, depending on the pace of vaccinations and the crisis's economic impact.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search