TRAVEL · VERIFIED DEVELOPMENT
The Hidden Costs of Keeping Old Jets in Service
WHY IT MATTERS
The decision to keep old jets in service has significant implications for airlines, affecting their bottom line and environmental impact. As fuel consumption increases, so does the airline's carbon footprint, making it a crucial consideration for the industry's sustainability goals.
What happened
An airline may save tens of millions of dollars by keeping a 20-year-old jet instead of buying a new one, but this apparent saving can be misleading. Older aircraft consume more fuel and become more expensive to maintain as they accumulate flight hours and cycles.
This means that the cost savings may not be as significant as initially thought.
In fact, the increased maintenance costs and fuel consumption could potentially offset the savings from not buying a new jet.
PRIMARY SOURCES
How Much Does An Airline Save By Keeping A 20-Year-Old Jet Instead Of Buying A New One?
Simple Flying · Jack McGarity · Discovery only; publisher copyright terms apply