Airbus' First-Half Deliveries Plunge as COVID-19 Takes Its Toll
Airbus (OTC: EADSY) delivered 196 planes in the first half of 2020, half the total from a year prior, as the COVID-19 pandemic led to factory disruptions and quelled demand for new aircraft.
The European aerospace giant reported 36 deliveries in June, improvements from the 24 in May and 14 in April. But the first-half total was still far from the 389 planes delivered in the first six months of 2019. Airbus also registered no new orders in June, its second consecutive month without an order.
Image source: Airbus.
Source Fool.com