Mainlines Shed 200 + RJs

Capacity cuts are coming from grounding or selling off to emerging countries 512 commercial aircraft, or seven percent of the fleet, including 205 regional jets and 26 turboprops, according to JP Morgan which released a report last week. The regional jets being grounded or sold constitute 11.4 percent of small jets but only 2.5 percent of turboprops. Interestingly, building back from its bankruptcy with one of the youngest regional fleets in the business, Northwest will be grounding no regional aircraft. Nor will United, it seems, although Delta is shedding more than 100, Continental 64 and American Eagle 37 RJs and 26 turboprops. JetBlue, still committed to Embraer’s ERJ 190 arranged the sale of four to Azul. Related Story