Repairing Planes Used to Be a Nice Business. Now They’re Grounded.

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Heard on the Street: The once-lucrative aerospace aftermarket industry might not recover from this crisis as quickly as it did from the last one

Last week, German airline giant Lufthansa announced that it would decommission its entire Airbus A340-600 fleet, which amounts to 17 jets.

Carriers all around the world are accelerating plans to retire older aircraft in the face of months—very possibly years—of depressed travel demand. Some decommissioned planes could come back, but the useful life of unpopular four-engines models like...

 

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It might rain alligators, too..

No doubt! Duck tape peeling away on wing - recent trip 😬

Their only hope is that senatemajldr & realDonaldTrump were stuck with enough stock that couldn’t be illegally dumped after they were briefed on the virus. Perhaps then they will bail them out.

I beg to differ, the planes parked during the lockdown, will need more maintenance & repairs, helping the aerospace aftermarkets get back up on its feet.

Meanwhile in New Zealand....🍿

Tell that to Elon, who is still launching.

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 /  🏆 98. in CO

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