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So I’m reading this story and thinking, why?

Passengers are braced for a wave of flight cancellations this summer as the safety crisis at Boeing has left airlines scrambling to secure enough planes.

The warning has been made by Avia Solutions, the world’s largest aircraft leasing company, which has said European airlines are likely to slim down their schedules in the coming months.

Anticipated cancellations stem from a slowdown in deliveries across the airline sector in the wake of Boeing’s mid-air blowout, as safety concerns spark manufacturing delays at a time of soaring demand post-Covid.

It’s a marginal story for a newspaper. And it’s an odd company to be in the news too. So, why?

Avia, which on Wednesday raised $300m in a bond issue in Dublin,

Ahh, they’re raising money so they’ve spent some on PR….

6 thoughts on “So I’m reading this story and thinking, why?”

  1. I thought the Mojave desert was covered in surplus jets. Because they were too fuel hungry, not because they didn’t work.

  2. Bloke in North Dorset

    I’ll bet the prospectus went well: Shortage of planes leading to increase in ability to raise lease and other charges and therefore increased profits will probably have been written with a bit more subtlety than that, but that will have been the message,

    Also, cue the usual stories about ticket prices going up and airlines being accused of profiteering with calls from the likes of Spud to nationalise the airlines..

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