This big Boeing 737 MAX order cancellation could be the start of a wave
A good share of those planes may never return to service as airlines accelerate retirement of older aircraft, which will help plane makers down the line when demand returns, but that will only cushion the pain ahead so much.BarclaysWith international travel being hit hardest amid the pandemic, and expected to bounce back slower, many analysts believe demand forwill take the worst hit.
Many of the airlines with the fattest order books are Asian and Middle Eastern carriers that expanded rapidly over the last decade amid rising wealth in their home markets and low interest rates that greased plane sales.
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