Manufacturers are affected directly by a crisis without precedent, which is likely to persist for several years. The aircraft manufacturers, Boeing and Airbus in head, struggling to get up.
The pandemic of sars coronavirus has nailed the grounded planes around the world. The airlines have been supported by their respective governments, but did not return to normal for many months or even many years. Direct consequence of this unprecedented crisis, the manufacturers are unable to cope with the crisis, which is likely to last.
For its part, Boeing announced a drop in turnover of 26 % for the first six months, while its european rival, Airbus saw its activity decline of 39 %. Orders and booking flights are cancelled since the beginning of the year, and the activity is reduced to a minimum 7percent these two giants in the sector.
Record losses and a black horizon
Airbus has registered a loss of 1.9 billion euros for this first half year, when Boeing, he saw his loss reaching $ 3 billion. Despite the support plans, manufacturers can only see the damage and the consequences of this crisis. The airlines are turning away from large and very large carriers, and the outbreak has only accelerated a trend already observed, since the A 380 Airbus and the Boeing 747s are already part of ancient history.
But another trend seems to be emerging from this black year for aircraft manufacturers : the willingness to break with the tradition of the ” all air “. The small lines will be limited, and the travellers, themselves, say they are ready to prefer other modes of transport on small distances. Bad news therefore for Boeing and Airbus, who do not know what path to follow to find the path not of growth but of relief.
And meanwhile, manufacturers cut their workforce and lead them in their fall all the sub-contractors, who will also have to learn to reinvent itself.