Aircraft
Leonardo Sees 2020 Hit from Decline in Civil Aviation Markets
Italy's Leonardo saw first quarter earnings decline, mainly on the civil side of its business, including helicopters, ATR airliners, and aerostructures.
Some deliveries of Leonardo's AW139 helicopter were disrupted by travel restrictions resulting from the Covid-19 pandemic. [Photo: Leonardo]
Some deliveries of Leonardo's AW139 helicopter were disrupted by travel restrictions resulting from the Covid-19 pandemic. [Photo: Leonardo]

Leonardo sees most of the negative effect of the Covid-19 pandemic falling on the civil side of its business. Announcing first-quarter results on May 7, the Italian aerospace and defense group indicated that a “heavy” slowdown this year could diminish income from the civil helicopters sector, as well as from its aerostructures work and its ATR regional airliner joint venture.