Aircraft
Commercial OEMs Look to 2021 for Stability
Boeing and Airbus will see production rates settle at a more sustainable level.

While OEMs involved in airliner manufacturing and services would like to look forward to a fresh start in 2021, this year holds little promise for a so-called V-shaped recovery as the industry girds for the spike in Covid-19 cases over the winter. Still, new vaccines and more readily available testing has raised hopes that air travel can begin to pick up as confidence among the traveling public returns. But for the likes of Boeing, Airbus, and the many suppliers involved in their aircraft programs, a return by the end of the year to 2019 levels of sales and production activity apart from the 737 Max appears unlikely.