Originally Posted by
iahflyr
That assumed something like $60/barrel oil and a growing economy.
Give it about a month but I think you’ll see some more concrete capacity reductions based on the price of jet fuel and the potential shortage of it. I would bet United starts parking the 757-200 and 767-300 sooner than planned.
An exact quote from Kirby you can find online:
“To be clear, nothing changes about our longer-term plans for aircraft deliveries or total capacity for 2027 and beyond, but there’s no point in burning cash in the near term on flying that just can’t absorb these fuel costs.”
He said they will temporarily reduce some flying with lower utilization but the words "nothing changes about our longer-terms planes for deliveries/capacity" means to me that permanently parking planes to a temporary increase in fuel prices isn't something he's going to do.
Don't take my word for it. He said it publicly.