Fewer Planes Ending Up as Scrap Despite Pandemic’s Grounding of Thousands of Aircraft Written 7 June 2021
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A Boeing 737 (United) and an Airbus A320 (Virgin) | Bill Larkins/Wikipedia; CC BY-SA 2.0
The Wall Street Journal reported that when the pandemic started affecting air travel last year, thousands of aircraft were grounded in storage lots around the world, but instead of ending up as scrap, many older planes are set to return to service, with owners scrapping 15% fewer planes in 2020 compared to 2019, according to Cirium. Furthermore, the number of scrap aircraft in 2021 so far is down 30% from 2020.
Full Story (Wall Street Journal)