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LEAVING (ON A JET PLANE)

The wide-body plane may be another casualty of coronavirus

a United Boeing 747
Courtesy United Airlines
Your days are numbered.
  • Natasha Frost
By Natasha Frost

Reporter

With the Covid-19 crisis likely to reform the make-up of airline fleets, wide-body planes appear to be first in line for the chopping block.

In a note published April 13, Cowen analysts Conor Cunningham and Helane Becker suggested US airlines of the future would be “smaller, leaner, and more efficient,” following the eventual removal of an estimated 900 aircraft from service, out of 23,600 passenger and cargo crafts worldwide.

In conference calls with investors earlier this week, the CEOs of both Boeing and Airbus said they expected narrow-body plane production to recover more quickly. “The modeling, the simulations, and the data we are collecting and computing, are telling us that the single line is very likely to recover faster than the wide bodies,” said Guillaume Faury, the CEO of Airbus. “On the wide-body, we think it is going to take more time. Scenarios of full recovery of the Covid-19 is probably between 2023 to 2025.”

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