I know that the idea of picking up used widebodies is mentioned occassionally, but rather than finding the subject in an old thread I'll just post this here....
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Demand soars for older wide-body jets
The Boeing 767 could be sticking around a little bit longer than some expected. The Chicago Tribune (free registration) writes that the jet "was supposed to be obsolete" and "headed for a dusty desert parking space." But now, it and other widebody aircraft are suddenly in high demand. The paper writes that "a global shortage of widebody aircraft, and the recent production and design problems involving two yet to be launched Airbus wide-bodies, has turned the hulking 767 and other old models into hot commodities, even as ...Boeing mulls shutting down its 767 production line." The Tribune notes that lease rates for the 767 have more than doubled and says there are no 767-300 series jets available for rent anywhere in the world, according to Back Aviation Systems, which monitors the market. The surge in demand also has spread to Boeing's 747 and Airbus' A330 models.
And if your airline wants a 777? "Forget about it," the Tribune writes. "You've got a perfect storm right now with the delay of the A380 and the attendant delay of the A350," Glen Langdon, president and CEO of Langdon Asset Management, tells the Tribune. Langdon, whose firm buys and sells aircraft, calls it "a significant problem." It's also becoming a problem for airlines that want to add long-range flights on high-yield international routes. To add such flights, carriers must be able to snag a plane out of what's becoming an increasingly tight inventory of twin-aisle jets that are also capable of flying 5,000 miles or farther. "It's very difficult today to get your hand on airplanes," Sheik Ahmed bin Saeed Al-Maktoum, chairman and CEO of rapidly expanding Emirates, says to the Tribune.
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Jim