If you look at the whole picture, it doesn't make much sense. It's almost as if airlines are ordering aircraft without regard for oil prices while at the same time betting big on fuel hedging contracts.
Do they even know what they're doing or is it just plain herd mentality?
Waterbomber2 wrote:Do they even know what they're doing or is it just plain herd mentality?
Waterbomber2 wrote:Could it have anything to do with the fact that most airlines can't fill up a high density A380?If we look at past fleet purchase decisions, airlines have ordered hundreds of A380's in low density configurations at a time that oil was above 100$ a barrel, yet when oil was at record lows in the early 2010's, the latest generation of fuel efficient aircraft, from the A320neo and B737MAX to the B787 and A350 have seen record orders, while the A380 has seen its order book dry up.
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