YEAR 2020 IS COMING to an end and what a year it was, especially for the global commercial aviation sector. The upheaval in the aviation sector due to the Covid-19 pandemic and the subsequent grounding of all flights worldwide, has forced the airlines and aircraft manufacturers to rework their business models and focus on “Operational and Financial efficiencies” to achieve growth and sustainability.
OPERATIONAL AND FINANCIAL EFFICIENCIES. New aircraft deployment has to have a healthy mix of wide-body aircrafts that can free up a substantial chunk of narrow-body fleets which can then be used successfully on newly opened regional routes. In addition, wide-body aircraft offer airlines the opportunity to offer better customer experience through better value-added services and more deck space for airlines to implement in-cabin features – something that is becoming a deciding factor in passengers’ airline choices.
The ability to carry higher passenger volumes with wide-body aircraft allows airlines to easily connect the increasing number of regional aviation networks and hubs. Also, low-cost domestic carriers get traffic into their metro hubs from where the wide-body planes offer connectivity to the final destinations. Wide-bodies on domestic routes provide a high yield option for airlines enabling them to carry more passengers to airports with limited slots.
This story is from the December 2020 - January 2021 edition of SP's Airbuz.
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This story is from the December 2020 - January 2021 edition of SP's Airbuz.
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