Industry Braces for ‘Tsunami’ of Aircraft Retirements
Experts predict 1,000 retirements per year from commercial fleets by 2024.
Retired airliners await their ultimate fate in the Arizona desert. (Photo: AFRA)
Retired airliners await their ultimate fate in the Arizona desert. (Photo: AFRA)

The aviation industry will see as many as 1,000 airplanes exit commercial fleets each year within the next decade as a combination of demographics conspire to create a retirement “tsunami,” IFC International principal Richard Brown told delegates attending the June 15 to 17 Aircraft Fleet Recycling Association (AFRA) annual meeting in Washington, D.C.

Loading…