PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 9th May 2009, 12:00
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PPRuNe Towers
 
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Outside the low cost world - the one where every bit of the profit lies with those who pay extra to turn left on entry to the aircraft - there is a disastrous slump.

Aircraft parked by the score. If you get out of this particular ghetto and cruise the rest of the site and beyond you can see and make your own judgements. At a time when a company like Singapore parks 17 widebodies anyone who quotes load factors is simply parroting egregious airline spin.

Singapore has excellent load factors now for the headline writers don't they?

And it's repeated across the world - often masked as 'retirements' or the more sophisticated trumpeted reductions in average fleet age. What it really means is an average of 11 pilots per parked aircraft on the street. Many of you arrived on this forum when Toulouse and Seattle were jostling to see who'd hit the 300 orders in a year mark.

The stark reality is this: When cancellations are added to the figures Boeing has only sold one aircraft this year and 10,000 workers have already been laid off.

The minnows and weak go early at these times. However, apparently strong airlines often go later. Those with fleets parked for much of the day have great load factors too. You love quoting them to cheer yourselves up. The freighting world isn't decimated in the true sense of the word - it's far worse than that because only one word matters for us actually doing the job and those looking in.

Only yield matters - everything else is smoke and mirrors. You might suggest that the websites and ads from the FTO's are blowing that smoke up your respective butts - I couldn't possibly comment.

Rob
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