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Ascend: planes grounded as air travel nosedives in 2008

London, UK - More than a tenth of the world's jet airliners have been grounded and put in storage because of the recession

"Aviation consultancy Ascend said 2,300 of the global airline fleet of 20,293 jet airliners were now in storage. Some 1,167 of them were grounded last year. It is the worst year for world aviation since 2001 when the 9/11 attacks and subsequent slump in air travel led to 13% of planes being sidelined. Ascend said that since mid-2008, European carriers had parked more than 450 aircraft,...

fra/pec - 1100277

AVIONEWS - World Aeronautical Press Agency
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