With around 1/4 of all qualified aviation engineers expected to retire in the next decade, it is no surprise that JetBlue delay an Airbus order...
John Grant's weekly roundup of global aviation news! Wizz Air issued a profit warning following a 44% drop in its first-quarter profits, while #IAG reported better than expected results. 汉莎航空 has decided to accelerate the retirement of A340’s, A300-200’s and B747-400’s. As the market slows have those carriers that added too much capacity caught a summer cold?
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JetBlue has delayed an order for a new Airbus, citing the lack of assurances about required maintenance support for the new fleet. Other carriers reportedly also looking to delay. The shortage of licensed engineers is as big an issue as the forecast pilot shortage; around one-quarter of qualified engineers are expected to retire in the next decade.
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And Air New Zealand is the first to fess up on its emission targets for 2030 and the impossibility of achieving their targets. The industry is doing all it can to move forward but when will the industry get real support from Governments and regulators who require air services to hit their GDP targets?
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And finally, Rex Airlines drop their jet operations with immediate effect. A successful regional turbo-prop operator that started to operate outside of its core market and competencies. Airlines that stick to what they are good at tend to do better than those that venture into new markets…
Catch up next week for more aviation industry news
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