Hundreds of aircraft on the ground in Southern California:
I wonder at what point it becomes financially unsustainable to maintain all these parked aircraft. If we are going to enter an 'L' shaped recession and the industry is going to contract by possibly 50% or more until there is a vaccine at some point scores of relatively new aircraft are not needed but there will be no market to sell them on. It costs quite a lot of money to service parked aircraft as well as the cost of the parking itself, so will it get to point when airlines find it cheaper to start wholesale scrapping of airframes?
Sad times..