Moves by US carriers to rethink their fleet strategies and route networks, and retiring more aircraft than usual, will likely accelerate fuel efficiency improvements, which Delta and Southwest are best placed to capitalise on, according to analysts at Cowen. “Both Delta and Southwest are relative winners in our analysis as they have the flexibility to replace inefficient aircraft with shorter distance & more efficient aircraft that fit with the demand backdrop and have large near-term order books with a high likelihood of delivery by the end of 2021,” said Cowen in a note. Cowen said that it continued to believe
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