Originally Posted by
Fiordland
Globe is reporting 60% reduction domestically and 40% international.
https://www.theglobeandmail.com/busi...d-coronavirus/
I think that means the 767 are gone, that provides a 50% reduction in the widebody fleet. The MAX would be 11% of the narrow body, so some additional 737 to go away. Hopefully it is the 737 from swoop and that silly banner is put to bed.
I doubt you will see aircraft permanently leaving the fleet so quickly, as there won’t be buyers and there are lease obligations still to be fulfilled, although potentially stalled due to force majeure. For both WestJet and Swoop I expect the summer schedule from the end of May onwards will still be planned to be flown at this point, it will be a case of how to get through the current crisis and then how to restart normal operation again as quickly as possible.
If the pandemic continues through the summer, then cancellations and temporary layoffs will continue longer, with the main aim of the airlines to conserve cash reserves to avoid being bankrupt. If both WestJet and Air Canada can cut their costs to 50% of normal and have minimal sales and flight schedule at 25% of normal, then they can both survive about a year on their current cash reserves.