Originally Posted by
CLazarus
Turkish has grounded 30 aircraft and is deferring delivery of 92 321NEOs, 65 737-8s, and 10 737-9s. Lots of airlines around the world that have been expanding aggressively are starting to hit the wall. Hopefully it happens to NAI too.
As more deferrals blow holes in Airbus/BA delivery plans we'll have good opportunities to pick up new or relatively new jets at our leisure. I also noticed that LATAM and Hawaiian are getting rid of their 767s, not sure how much life they have left on them though.
No way we'd get 330s, but 321s sound more likely every week. As for the 350 sim slated for TK, the costs involved in packing that thing up and Returning to Sender are negligible in the big scheme of things.
We've had a good couple years but it's starting to look like the brakes are being applied. Either we'll do more with less or simply do less. If they are truly concerned about cap ex and revisiting shareholder initiatives then that time is upon us.
Think of NAI as Spirit on a global level wrapped in the trimmings of a flag of convenience business model. Fifteen years ago when the legacy airlines were shrinking the lcc's were gaining market share. The only thing that would crush NAI is an unsustainable cost structure. They are going to pick the low hanging fruit of passengers for a long time into the future.