Air Transport World

Retirement time.(airlines must retire aircraft or face overcapacity)

Airlines face the daunting challenge of retiring 700 aircraft within one year or confronting an overcapacity problem that will further attack endangered yields. This won't be easy. Last year the industry retired a record number of aircraft--but that number was well short of 300, as ATW reports this month in our 1999 World Airline Report Taking that further leap to create additional mountains of scrapped aluminum will require a major change in industry behavior patterns.

Restraining growth during times of plenty is a recently acquired behavior arising from a lesson well-learned in the early 1990s. The period since has seen the first instance of self-constrained. capacity growth during economically prosperous times since the dawn of commercial air travel. …

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