The recent Covid-19 (Coronavirus) pandemic has caused significant numbers of the world’s aircraft to be moved from ‘In Service’ to ‘Storage’. Our fleet research team are busy monitoring the situation and making status changes to individual aircraft with the help of evidence from flight tracking data. Information can be found here which describes the methodology. To see daily updates, please visit here.
There are a couple of features within Fleets Analyzer which enable you to monitor the storage situation; firstly, the ability to identify when specific aircraft entered storage, and also the ability to monitor the overall market using the Trend feature.
Status Change Date column
By clicking on the ‘Add/Remove Columns’ button and adding the ‘Status Change Date’ and ‘Status Duration (Years)’ columns into your Aircraft Detail table, you’ll be able to see when the current period of storage began, and the duration up to the current date.
In the output below, you can see a number of aircraft were moved into “Storage” status on the 26th and 25th of February 2020. Note also, the ability to bring in the ‘Storage/Conversion Location’ columns which provide the storage location (when this is known).
For more market based analysis over coming months, it may be useful to utilise the Trend feature which can provide month-end aircraft fleet totals to monitor the ratio of In Service vs Storage aircraft. The screenshot below shows how the Trend has been configured to report at Month-end intervals for a selection of Aircraft Types; with either In Service or Storage status. Please note that for any incomplete or future period, the number calculated is the derived month-end position – determined from the history table of each individual aircraft (some of which incorporate future events which can influence the aircraft status).