The Big Park (Paywall)
An economy in lockdown requires far fewer planes and ships, forcing owners to figure out where to store them
Nowhere is the challenge more acute than in aviation. Reeling from travel bans, many airlines have grounded their entire fleets, while most others have cancelled the majority of flights. Collectively, they have dropped tens of millions of seats from their schedules every week . . .
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(with apologies to Lionel Bart)
BLUE SKIES FROWNING (May 6) —
Who will buy my seven-three-sevens?
Who will save the air industry?
All these planes and nobody needs them
We can't give them away for free
With all the airlines grounded
'cuz everything's locked down,
Airbus and Boeing profits pounded,
their ships have run aground
No one needs a 320neo
then there's Boeing's cat-as-tro-phe
Airlines die when no one will fly them
There's nothing we can do,
plane makers' Waterloo,
because there's no one who will fly