seekingalpha.com/article/...-bad-time-to-be-in-civil-aviation
Airbus: It's A Bad Time To Be In Civil Aviation
Oct. 28
- It will take years for Airbus and its peers to return to the 2019 profitability levels.
- 65% of Airbus revenues come from the civil aviation field.
- While the company will be able to stay alive, its growth prospects are currently weak.
Later this week, Airbus (OTCPK:EADSY) will report its earnings results for the first nine months of 2020. We believe that investors shouldn’t have high expectations for the company, since COVID-19 disrupted the whole civil aviation sector and it will take years for Airbus and its peers to return to the 2019 profitability levels. While the company will be able to stay alive, its growth prospects are currently weak...
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