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Airlines scrap clunkers sooner as oil prices bite

from CNBC

Jets are heading off to their final resting place at a rate similar to cars as airlines scrap aircraft at earlier stages, according to new research by consultants PricewaterhouseCoopers. Aircraft are being "parted out" - scrapped and sent to the jet cemetery - after just seven to eight years, compared to traditional lifespans of 20-25 years, as airlines look for newer, more fuel-efficient models. more

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