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Return of the Jumbos!
Bloomberg Businessweek US
|January 16, 2023
As global air travel comes roaring back from its pandemic-induced slump, airlines are racing to provide enough capacity, particularly for premium tickets on the long-haul flights enjoying a stronger-than-expected rebound.
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The surge has created a surprise bottleneck for some carriers, which are finding that many of their new-generation aircraft outfitted with enough business and first-class berths are either late for delivery or still awaiting regulatory approval. So carriers have been forced to revive a venerable plane model that looked consigned to the scrap heap even before the Covid-19 outbreak: the four-engine dinosaur.
Deutsche Lufthansa AG plans to bring back five more of its Airbus SE A340 jets—some almost two decades old—to offer first-class seating ahead of the peak summer season. Thai Airways International Pcl, which in 2021 said it planned to phase out all its A380 double-deckers along with its Boeing Co. 747 jumbos, is mulling a return of the A380 in 2024. Qantas Airways, Etihad Airways, Korean Air Lines and Singapore Airlines, which grounded their A380s during the virus outbreak, have also brought them back.
This story is from the January 16, 2023 edition of Bloomberg Businessweek US.
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