Today’s shutdown of Hungary’s Malev Airlines and the recent cessation by Spain’s Spanair adds to the number of parked aircraft and will make it just a little bit more challenging to remarket Boeing 737s and Airbus A320s.
As we noted in a recent post, India’s Kingfisher Airlines is teetering as well.
Malev operated six 737-600s, seven -700s and five -800s. It has operated four Bombardier Q400s and two Embraer 120s.
There is virtually no demand for the -600s and even the -700s have been falling out of favor as fuel prices climb. The EMB-120s have little demand.
Spanair’s failure puts 10 Airbus A320s and five A321s on the market. These are equipped with V2500 engines. As we wrote last month, A320s with V2500s are a bit more challenging to remarket than those equipped with CFM56s.