Coronavirus puts the spotlight on "Ghost Plane" mal-practice
By Conrad Langridge
What's Going On Here?
😢 Just last week airlines were being forced to waste thousands of gallons of fuel flying empty 'ghost' planes in order to keep flight slots during the coronavirus outbreak.
What Does This Mean?
In order for airline companies to use an airport, they need to own a “slot pair” → a specific takeoff and landing time. These assets are normally hot property- just this week Air New Zealand sold a single Heathrow slot pair for $27 million.
Why Should We Care?
With pressure on the likes of ACL, the “rules” have been relaxed and for a period, airliners won't need to hit their 80% flying quota. Phew.But if a positive can be taken from the coronavirus, it’s that profit first, planet last models such as this are under the spotlight once again!
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