Airbus Sees an Uncertain Path to Air Transport Recovery | Aviation International News

Airbus Sees an Uncertain Path to Air Transport Recovery

Covid hit the civil side of Airbus's balance sheet hardest in 2020, but the European group said results would have been worse without prompt action.

This Airbus A321neo was delivered to Middle East Airlines in 2020, but overall production rates were not enough to justify resuming plans to open a dedicated production line for the narrowbody in Toulouse. (Photo: Airbus)

By Charles Alcock • Managing Editor

February 18, 2021

Airbus’s revised prognosis for this year is that the aerospace sector will face more uncertainty, with no prospect of full recovery until between 2023 and 2025. Reporting predictably depressed full-year results for 2020 on Thursday, the European group issued conservative projections for 2021, with aircraft delivery rates expected to be largely unchanged.

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