ADS Group - Heather Gilchrist
Commercial aircraft orders and deliveries for the second quarter of 2020 reflect the unprecedented crisis faced by the global aerospace industry. Just 19 aircraft, 10 wide-body and nine single-aisle, were ordered during the period from April-June, a total reduction of 88 per cent in the same period last year and a 97 per cent decrease on Q2 2018, which saw 160 and 577 orders respectively.
The three months to June saw a slowing in the global economy including travel bans, grounded fleets and impacts on global trade, with many of the expected aircraft deliveries for the period being deferred...more
