WALL STREET JUORNAL NOTE PLAYS WELL FOR DORIC6 Feb 2023 14:05
The demand for wide-body aircraft is on the rise. The Wall Street Journal points out that aircraft lessors are putting their largest planes back into service as airlines try to keep up with travel demand. In particular, Boeing and Airbus are reportedly trying to secure new orders for larger planes, while airlines such as British Airways, Lufthansa and Qantas Airways will return to flying their Airbus A380 double-decker jumbo jets. However, the Wall Street Journal warns that aircraft makers are wary of ramping up production due to long-term trends: Prior to the pandemic, airlines had shown a growing preference for narrow-body long-haul aircraft, which they are easier to fill and more fuel efficient.