Corona: British Airways 747s, Iberia A340s retired early?

ImageForum for news and discussions on civil aviation matters.

Moderator: gatso76

Forum rules
Image
Post Reply
User avatar
Stratofreighter
Scramble Master
Scramble Master
Posts: 22202
Joined: 25 Jan 2006, 08:02
Location: Netherlands

Corona: British Airways 747s, Iberia A340s retired early?

Post by Stratofreighter »


https://www.youtube.com/watch?v=qgPw1jWmdE4
Following requests for this from Aircraft fans,
I managed to acquire the correct authorisation from the Tower and from DJI to fly in this airspace.
This movie shows how quiet Bournemouth Airport is during the COV-19 lockdown.
...you can clearly see Boeing 747 G-BNLY in the "Landor" scheme parked up in the video above... :(

https://www.ch-aviation.com/portal/news ... rias-a340s
04.04.2020 - 17:48 UTC

IAG International Airlines Group
is contemplating early retirement of
B747-400s operated by British Airways (BA, London Heathrow) and
A340-600s operated by Iberia (IB, Madrid Barajas)

but also other types as it plans for the recovery phase after the peak of the COVID-19 pandemic,
Group Chief Executive Officer Willie Walsh said during an investor briefing.

"Our analysis of the likely evolution of demand through 2020 is
that we would not require all of our aircraft, that we will temporarily ground, to come back into service,
so we're now evaluating how many of those
that will be grounded will be permanently grounded," Walsh said.

He underlined that
the thirty-one B747-400s operated by British Airways and
the sixteen A340-600s flying for Iberia
are all fully depreciated and will be the first to leave the fleet.

The Boeing quadjets operated by BA are 23 years old on average.
The Airbus quadjets at Iberia are 13.9 years old on average.

While British Airways owns all B747s,
Iberia owns six of the A340s
and leases the remainder from LICO Leasing (six),
Showa Leasing, Sumitomo Mitsui Finance & Leasing,
Universal Asset Management, and Whitney Leasing (one each).

Walsh added that "a couple" of A330s operated by Aer Lingus (EI, Dublin Int'l) could also be permanently retired.
The Irish carrier operates four A330-200s (17.8 years old on average) and eleven A330-300s (6.5).

It owns three -200s and seven -300s, and leases one -200 from Castlelake,
two -300s from Nomura Babcock & Brown, and one -300 each from AerCap and Castlelake.

Finally, the group could also consider retiring around 20 narrowbody aircraft.
Walsh did not specify from which carrier they would potentially come.

"I would also point out that we have a significant number of narrowbody aircraft coming off lease as we go through 2020, into 2021,
over 40 narrowbodies come off lease in 2021.

So there's a lot of flexibility in the fleet," Walsh added.
https://www.ch-aviation.com/portal/news ... rias-a340s
November 2024 update at FokkerNews.nl....
User avatar
Stratofreighter
Scramble Master
Scramble Master
Posts: 22202
Joined: 25 Jan 2006, 08:02
Location: Netherlands

Re: Corona: British Airways 747s, Iberia A340s retired early

Post by Stratofreighter »

https://simpleflying.com/british-airway ... etirement/
British Airways Considering Early Retirement For The Boeing 747

May 7, 2020

IAG is considering early retirement of the British Airways Boeing 747 fleet.

The airline group today released its first-quarter financial results.
However, it also detailed the steps it was taking to deal with the current crisis afflicting the whole industry.
...continues at
https://simpleflying.com/british-airway ... etirement/
November 2024 update at FokkerNews.nl....
Post Reply

Return to “Civil Aviation News”