Global Airline Report 2020: European Bouncebackability

 
Adria Airways was one of four European airlines to collapse in quick succession during September and early October 2019
MARTIN NEEDHAM

Twelve months ago, Europe and its largest aircraft manufacturer – Airbus – were riding the crest of a wave. The Paris Air Show concluded with more than 240 commitments for the A321XLR, while passenger numbers continued to grow, undeterred by the collapses of Thomas Cook Airlines, XL Airways France, Aigle Azur and Adria Airways. Orders for the ’XLR swelled to more than 450 as Christmas rolled around and Airbus reasserted itself as the world’s biggest aircraft producer – by which time China was in the middle of what is now an era-defining crisis which would soon consume the rest of the world.

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