{"id":305151,"date":"2019-12-12T10:09:49","date_gmt":"2019-12-12T04:39:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305151"},"modified":"2019-12-12T10:09:49","modified_gmt":"2019-12-12T04:39:49","slug":"surging-aircraft-deliveries-will-keep-airfares-under-pressure-in-2020-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/surging-aircraft-deliveries-will-keep-airfares-under-pressure-in-2020-iata\/","title":{"rendered":"Surging aircraft deliveries will keep airfares under pressure in 2020: IATA"},"content":{"rendered":"<p>With Boeing 737 Max expected to return to service next year, overall aircraft deliveries are likely to increase in 2020 and this will continue to keep airfares under pressure, said a senior official of global airlines body IATA on Wednesday. <\/p>\n<p>During a presentation here, Brian Pearce, Chief Economist, International Air Transport Association (IATA) said, &#8220;Even if demand growth picks up in 2020, there is a threat that supply could rise even faster, given that 2100 plus aircraft that are scheduled to be delivered once, as expected, the B737 Max returns to service.&#8221; <\/p>\n<p>When asked if this increased capacity addition will keep the fares stressed across the globe, Pearce said, &#8220;Yes. Globally, we are seeing growth in travel but it is relatively low at 4 per cent. We are expecting to see (aircraft) capacity growth above that. So, this will keep fares under pressure.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Boeing 737 Max expected to return to service next year, overall aircraft deliveries are likely to increase in 2020 and this will continue to keep airfares under pressure, said a senior official of global airlines body IATA on Wednesday. During a presentation here, Brian Pearce, Chief Economist, International Air Transport Association (IATA) said, &#8220;Even if demand growth picks up in 2020, there is a threat that supply could rise even faster, given that 2100 plus aircraft that are scheduled to be delivered once, as expected, the B737 Max returns to service.&#8221; When asked if this increased capacity addition will [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-305151","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=305151"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305151\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}