Airlines struggling to cope with the grounding of the 737 MAX could face a markedly different problem when Boeing Co's best-selling jet is ...
HONG KONG: Airlines struggling to cope with the grounding of the 737 MAX could face a markedly different problem when Boeing Co's best-selling jet is cleared to re-enter service - a switch to concerns about aircraft oversupply, carriers have been warned.
But Morris, who has warned a long up-cycle in aviation is nearly over, said there were also risks in opening floodgates too quickly, overwhelming fragile growth in travel demand.Still, he and other delegates at back-to-back aviation finance gatherings in Hong Kong agreed it would take Boeing 18 months or longer to deliver all the stranded aircraft.
"It is not as if all these MAX could be delivered over a one-, two- or three-month period ... so it is not an open floodgate and 350 planes all coming onto the market tomorrow," he said on the sidelines of last week's Airfinance Journal Asia Pacific conference.
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