Chin Diesel
Power of Love
- Joined
- Aug 24, 2011
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I'm a little surprised that they're going in lockstep -- would have thought Boeing would lag a bit. Just because people are flying doesn't mean airlines are buying new planes.
Of course, none of what's happening in this market reflects current reality.
Well, there is a relationship that the more people fly, the more planes are used and start to wear out. You are probably well aware they make their new purchases years in advance based on scheduled draw down of a plane's hours and airframe wear and tear. Plus, many of these planes are actually bought by large holding companies, leased to the main airlines for a bit and then rebranded for smaller airlines.
Bottom line, the more people flying, the greater the demand for replacement aircraft.