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Delta retires fleet of 777s

Posted By: PelicanPirate

Delta retires fleet of 777s - 05/15/2020 02:09 AM

https://www.breitbart.com/economy/2...to-history-books-as-delta-grounds-fleet/

Wow, these jets were the mainstay of the long haul fleet after retiring the Northwest 747s. The 777 is a 25 year old design but most of Deltas are like 10-15 years old. Airlines have always had either huge capital purchases or leases on aircraft and they often kept less efficient but fully paid for and depreciated birds like MD-88s because they could make money with them.

Now, it looks like a permanent decision to go all new and efficient and chuck even half used jets in favor of the new ones.

Scary.
Posted By: sxmParrotfish

Re: Delta retires fleet of 777s - 05/15/2020 02:32 AM

Wow. It’s truly going to be a new world in commercial aviation. Only the strong will survive. Airlines will only get one chance to figure out a winning formula.
Posted By: SXMScubaman

Re: Delta retires fleet of 777s - 05/15/2020 02:49 PM

First Class in those 777's was the bomb.
Posted By: luvitinsxm

Re: Delta retires fleet of 777s - 05/15/2020 04:42 PM

Low cost carriers will take over. If things don't improve, I believe American Airlines may be a goner with all their debt.
Posted By: jazzgal

Re: Delta retires fleet of 777s - 05/15/2020 08:56 PM

That's too bad. Like Scubaman, I love flying first class in a 777.
Posted By: PelicanPirate

Re: Delta retires fleet of 777s - 05/16/2020 12:18 AM

Yep, Delta’s game is eliminating “cash burn” and they’ve taken it from $100m/day to $50m/day so far with agoal of zero/day by year end.

Any of them could go under as they already have but Southwest but there time may come.

Boeing CEO says one wont make it out of DL,AA,UA.
Posted By: ARC

Re: Delta retires fleet of 777s - 05/18/2020 01:53 AM

I have a feeling those 777’s will be bought and converted to freighters by one of the large cargo carriers.
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