TW870 wrote:Although the COVID crisis is unprecedented, past recessions did also make airplanes go away quickly and somewhat unexpectedly. The TWA Convair 880s, for example, were grounded very quickly after the economy crashed in late 1973. And the 1982 recession and interest rate spike pretty much ended it for all the remaining 707s and DC-8s at the US carriers (except for the soon-to-be re-engined strech -8s.). Pan Am and TWA did do a lot of fanfare, though, for their last 707 flights. We can only hope to some day see an -88/-90 party at Delta.
To add to that list with a more recent example, in 2001/2002 US quickly retired their F100s, MD-80s and other aircraft types in the midst of a recession.