In the prospect of recovery from the pandemic, airlines are investing, renewing their fleets

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As the world prepares to tackle its Omicron variant coronavirus, some investors may expect the global aircraft market jet will wither. However, these estimates seem to be far from the truth.

Entrepreneurship has returned to the industry in question, as the airline companies seek to acquire soon more environmentally friendly passenger aircraft, but also cargo aircraft, which they believe will give them a clear advantage in the period recovery after the pandemic.

Air carriers predict return of travel demand, but also a continuing increase of shopping online.

From Arizona via Amsterdam, some of the most aggressive customers in the industry are looking for more operational aircraft, which will be put into service by the second half of the decade. These airlines seek to be at the top of the relevant waiting lists, which they fear may delay their economic growth, but also the implementation of the goals they have set for environmental protection.

On Wednesday Singapore Airlines has made three crucial decisions in its interim order, regarding the replacement of its fleet of cargo aircraft with new lighter A350 aircraft manufactured by the European corporate consortium Airbus.

H Qantas Airways in Australia chose Airbus to replace its fleet of old narrow-body aircraft. Alan Joyce, the airline’s chief executive, described the decision as “a decision made by a generation” and includes a turn from American Boeing to Airbus.

The European aircraft manufacturer also seeks to secure an order for wide-body aircraft from the Dutch airline KLM.

THE Airbus and the Boeing have sold out over the competitive class of medium-capacity aircraft by the middle of the decade, after a period of large orders aircraft, but lost its momentum due to the difficult economic situation caused by COVID-19.

However, with the long time required for the delivery of aircraft, but also with the volume of orders that have already accumulated, the focus is now on the second half of the decade, but also on movements by airlines, which will bring them to the forefront of receiving their aircraft and shaping their future capacity for passengers and goods.

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