Have you seen the size of the orderbooks held by Emirates and Etihad pre COVID? Emirates called the A380 wrong in the end and now they're stuck with an albeit great but less than ideal aircraft. CEOs CAN be wrong, Juan Trippe's Pan Am buying so many B747-100s was what killed them off in the end. Now MOL is a smart player, he'll get a very good deal from Boeing but he's really just replacing B737-800s with new B737-8s which hold 9 more seats and have more efficient engines so it's not really a game changer, it's a consolidation. Ryanair is now a mature player, there's not that much more scope for the strong YoY growth of the early B73H days. The only fly in the ointment aside from the inevitable looney green brigade, is that the market to see on the B73Hs that are leaving is now quite weak.