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The average and median age of commercial jets that are being retired is falling to the lowest level in two decades, a fleet analysis by Aviation Week Intelligence Network shows (AWIN-subscriber story only). For each year from 1997 through 2008, the average and median age for the aircraft being retired ranged from about 28-30 years. That number dropped significantly in 2009 and has never rebounded. Through mid-June of 2012 the average age is 24.8 years and the median age is 23.8. If those numbers hold, they will be the lowest since 1991. Bombardier’s 50-seat CRJ100/200 regional jets have been big contributors to the decline, but so too have been Boeing 737 and Airbus A320 family aircraft. Boeing 747-400 aircraft could soon become a bigger contributor to this decline, too. The trend has consequences and implications for aircraft valuations and financing, spare parts suppliers, lessors and more, as explained in more detail here.
The average and median age of commercial jets that are being retired is falling to the lowest level in two decades, a fleet analysis by Aviation Week Intelligence Network shows (AWIN-subscriber story only).
For each year from 1997 through 2008, the average and median age for the aircraft being retired ranged from about 28-30 years. That number dropped significantly in 2009 and has never rebounded. Through mid-June of 2012 the average age is 24.8 years and the median age is 23.8. If those numbers hold, they will be the lowest since 1991. Bombardier’s 50-seat CRJ100/200 regional jets have been big contributors to the decline, but so too have been Boeing 737 and Airbus A320 family aircraft. Boeing 747-400 aircraft could soon become a bigger contributor to this decline, too.
The trend has consequences and implications for aircraft valuations and financing, spare parts suppliers, lessors and more, as explained in more detail here.
Tags: tw99, aircraft, retirement, parts