PARIS/SINGAPORE/SEATTLE, Dec 16 (Reuters) – As the world hunkers down for Omicron, some investors might expect the global jet market to be withering away. Far from it.
Business has begun humming again as airlines look to snap up the greener passenger and freight planes they believe will give them an edge in a post-pandemic recovery driven by predicted travel demand plus the relentless rise of online shopping.
From Arizona to Amsterdam, some of the industry’s sharpest buyers are eyeing efficient jets for the second half of the decade, aiming to get ahead of the long waiting lists they fear could derail their growth and environmental targets.
On Wednesday, Singapore Airlines (SIAL.SI) kicked off a trio of major decisions, with a tentative order to replace its cargo fleet with a new A350 lightweight freighter offering from Airbus (AIR.PA). Read more