Uncertainty surrounds future aircraft deliveries

Aerospace analysts are considering whether the coronavirus- induced industry downturn could eventually lead airlines to defer aircraft deliveries or even cancel orders. While aircraft makers say their industry remains healthy, the downturn is also raising questions about potential fallout to Boeing&...

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Bibliographic Details
Published in:Airline Business 2020-04, Vol.36 (3), p.8-8
Main Author: Hemmerdinger, Jon
Format: Article
Language:English
Subjects:
Aircraft industry
Airlines
Boeing 737 aircraft
Boeing aircraft
Commercial aircraft
Coronaviruses
COVID-19
Fallout
Faucets
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Summary:Aerospace analysts are considering whether the coronavirus- induced industry downturn could eventually lead airlines to defer aircraft deliveries or even cancel orders. While aircraft makers say their industry remains healthy, the downturn is also raising questions about potential fallout to Boeing's 737 Max, an aircraft Boeing expects will be certificated by mid-year. Richard Aboulafia, aerospace analyst with the Teal Group, said that when Max comes back, it happens in a big way. He adds that controlling the Max supply spigot is going to be a bit difficult, and if traffic is still shrinking, then that would be a problem for everyone. Airlines rebounded relatively quickly from past outbreaks, and aerospace executives insist underlying factors foretell long-term industry growth.
ISSN:2632-6604
2632-7856