Airlines Collapse Acelerates, Italy Nationalizes Alitalia

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ThePitBoss
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Vertical Research Partners analyst Rob Stallard said in a Monday research report.

“With the latest data showing that airlines have grounded more than 8,500 planes…we think it is likely that a large number of old planes do not return to passenger service,” “In previous downturns we have seen a spike in old aircraft retirements, and after a period of unusually low retirements in 2018-19, this could occur again.”