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The COVID-19 pandemic is reshaping aerospace and, about two months into the sector’s worst crisis ever, its future shape is becoming clearer. The industry is becoming much smaller than it was just a short while ago.
Unfortunately for the aerospace side of the business, the full effect of the declines is only beginning to filter through and will dominate industry activity for the foreseeable future, with analysts generally not expecting traffic to recover to precrisis levels before 2023.
Accessexclusive subscriber-only in-depthcoverage as the novel coronavirus continues to wreak havoc on the industry.
Plus every subscriber has access to our expanding eBook library, featuring updates in supersonics, manned and unmanned innovation in aviation, the renaissance of high-speed air travel, the legends behind the world's first wide-body jet, emerging technologies making their way into the MRO market, technological developments for new satellites & the next generation of space start-ups and the most pressing issues facing military pilots today.
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