Watch: How airplanes are put into storage because of the coronavirus
Thousands of commercial airplanes worldwide are being parked because of the coronavirus pandemic. Left without passengers, either because of travel restrictions or because people just aren't flying, airlines are choosing to put many of their planes in storage at airports all over.
But you can't just decide to park an airplane and then start it back up in weeks or months when the crisis is over. First, an airline has to find available space; the American Southwest has a lot if it, plus a dry climate that helps metals avoid corrosion, so that's where many airplanes are going. Second, it has to prepare the planes for storage, which requires a lot of work: Planes aren't cars, and they can't just pop back to life after months in the garage.
And because taking planes out of long-term storage is expensive, many of the jets airlines are parking because of COVID-19 will never take to the skies again. Stripped of valuable parts like engines, seats or instruments, they will end up scrapped for metal to recycle. That is for example the fate that will most likely befall the McDonnell Douglas MD-80s that Delta Air Lines is sending to storage. One consequence is that when the crisis is over, U.S. airlines will fly younger and more fuel-efficient fleets, which also will emit fewer greenhouse gases.
In this video, TPG Audience & Community Producer Wallace Cotton, whose knowledge of civil aviation is renowned even among a staff full of serious aviation geeks, explains how airplane storage works and how airlines are using it to cope with the effects of the pandemic.
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| 2X miles | 2 miles per dollar on every purchase |
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The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
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- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
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Rewards Rate
| 2X miles | 2 miles per dollar on every purchase |
| 5X miles | 5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel |
| 10X miles | 10 miles per dollar on hotels and rental cars booked through Capital One Business Travel |
Intro Offer
Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
$395Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.740-850Excellent
Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month

