As we have been getting plenty of interest in our storage data, we thought it would be useful to provide an update on how we are processing this data in line with the latest trends and patterns we are seeing from our tracking data.
Aircraft in Storage
From yesterday (Monday 27th April), we have adjusted our classification of aircraft potentially being in storage from 7 consecutive days back to 14. This is the criteria we applied prior to the start of the highly dynamic mass storage phase which characterised the past 3 months.
To re-cap, from the start of February up until the 27th April we tightened the window to 7 days to reflect the rapid groundings by operators around the world and enable our customers to see an accurate view of the “storage landscape”.
Aircraft returning to service
Obviously we are now starting to see some aircraft return to operational service, particularly in Asia, and our criteria for updating our fleets data is as follows: an aircraft is considered to be in-service once we see flight activity on at least three of the preceding seven days, in addition, we will also accept five out of the preceding 14 days in recognition that a significant proportion of the fleet is seeing regular but highly sporadic utilisation.
The reason we have set the tolerance at 3 days is to avoid any confusion over one-off repatriation or cargo flights that are occurring globally and seem to be very ad-hoc in their nature thus not reflecting true operation.
As ever, if you have any questions around this data then we encourage you to get in touch via the “Email Support” link that can be found on the Fleets Analyzer homepage.