The majority of the global aircraft fleet is grounded at the moment and airlines do not expect demand to return to the pre coronavirus levels any time soon. As such, some airlines have begun longer-term planning of their fleets – in many cases accelerating the retirements of their older aircraft. American is retiring it’s Embraer 190s, 76 Boeing 737-800s, its …

As the airline industry grapples with the largest demand shock in history, India’s skies are closed to all passenger traffic. 650 aircraft are grounded, cash-flows have dried up and pay-cuts and layoffs are the new normal. It does not help that the corona crisis came at a time where the country was also dealing with a banking crisis. Add to …