“THE question for Boeing AND for Airbus:
When demand rebounds, will the airlines want new, fuel-efficient planes, or will they elect to return already-depreciated (paid-for) fuel-guzzlers into service? If fuel stays cheap, that latter option may be very attractive.”
Rebound? I’m not so sure about that. This virus has changed the way people will live. The world has been shut down long enough for people to assess priorities and rearrange life style in ways that would not have been possible otherwise. The affects are just beginning to be felt. Some changes will be short term, some long term and some permanent. I’d be running lean, light and ready to adapt as required at a moments notice.