Aircraft such as the four-engined Airbus A340 (right) or earlier models of the Boeing 747, which have been sentenced to desert storage or to be dismantled, are winning a stay of execution because lower oil prices make them economic for some carriers - AFP Photo.
DUBLIN: The slump in oil prices has given a new lease of life to passenger jets that until recently were destined for the scrap yard, aircraft financiers said on Monday.
Aircraft such as the four-engined Airbus A340 or earlier models of the Boeing 747 which have been sentenced to desert storage or to be dismantled, are winning a stay of execution because lower oil prices make them economic for some carriers.
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