Aviation news and digest

The press analyses the impact of Airbus’s and Boeing’s respective delay announcements on airlines’ operations.

Posted in avianews by avianews on May 15, 2008

The press also analyses the impact of Airbus’s and Boeing’s respective delay announcements on airlines’ operations. While Le Figaro Economie comments that the combined delays of the Airbus A380 and Boeing 787 will lead the global air transport industry to a serious capacity shortage –of nearly 100,000 seats per day- and will force airlines to continue operating fuel-greedy aircraft, La Tribune qualifies this point of view. These delays, indeed, might not be such bad news for airlines. According to the newspaper, they will avoid a flood of additional capacity that would have caused serious problems today, in a context where the growth of air traffic slows down. A situation of overcapacity would have led to a severe price war in the sector. Yan Derocles, analyst at Oddo Securities, says that, though part of the new planes are meant to replace ageing ones, the seat offering would have been superior to demand by 3 to 4%. La Tribune, Le Figaro Economie

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