CHICAGO - With the airline industry being brought down by the pandemic, the future looks a whole lot less bright with high debt levels and a recovery trajectory spanning multiple years. For airlines, aircraft lessors and jet makers it means that order books are currently revised. Those revisions come in the form of order cancellations, deferrals and order conversions. One of the airlines that's looking to convert part of its order is Emirates. In this analysis, we have a look at their plan to convert orders and why this hardly comes as a surprise, Dhierin Bechai reports for Seeking Alpha. Continue reading original article.
The Intelligent Aerospace take:
September 2, 2020 -In Bhierin Bechai's analysis for Seeking Alpha, he notes that Emirates is diversifying its fleet as the carrier embraced the Airbus A380 over the past years. Dubai has now begun attracting more cost-conscious travelers. Emirates is converting orders from the larger 777X to 787s, which Bechai notes is a blow to the 777X program, but not a giant impact to Boeing.
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Jamie Whitney, Associate Editor
Intelligent Aerospace
