11 percent of aircraft in storage

I don't blog much about air transportation. Probably because it's mostly people, not freight, going by air. However, I do live in the "Air Capital of the World", and aircraft building is the main industry here.

According to Traffic World

A total of almost 2,300 jet airliners, the highest number ever, are now parked, according to data from aerospace consultant Ascend. Most of those aircraft, 1,167 of them, were added to the list during 2008. That was the highest annual number since 2001. More than 11 percent of the global aircraft fleet of 20,293 is now in storage.

Although, it's not as bad as it was after 9/11, when 13% of the fleet was grounded.

As new deliveries of approximately 1,000 aircraft arrive in 2009, airlines will be forced to ground even more of their older aircraft, said Chris Seymour, head of market analysis at Ascend. The proportion of the fleet grounded by the end of 2009 may match the 13 percent reached at the end of 2001, following the September 11 terrorist attacks on the United States. That would be a total of more than 3,000 idle planes.