If aviation was a country it would be the world’s 20th largest by GDP

April 6, 2020
Airlines across the world have requested government support ranging from bailouts to full tax-payer ownership, James Asquith reports for Forbes.

NEW YORK - The global aviation sector has been one of the hardest-hit industries due to the ongoing travel and movement restrictions in place to control the spread of COVID-19, James Asquith reports for ForbesContinue reading original article.

The Intelligent Aerospace take:

April 6, 2020 - United States, Boeing says more than 2.5 million Americans work in the aerospace industry at more than 17,000 suppliers. According to the Air Transport Action Group (ATAC), some 10.2 million people make a living in the aviation industry worldwide. Expanded to tourism and jobs supported by aviation, ATAC says that figure tops 65 million. In the current environment of "social isolation," medical professionals urge people to stay home, and super jumbo jets like the Airbus A380, which can can seat more than 500 passengers, are being mothballed. Earlier this month, Lufthansa parked its fleet of 14 A380s after the company was only able to fill the massive commercial jet to 35% capacity.

Related: Airbus partially resumes production as Boeing enacts temporary shutdowns

Related: Airbus to pause majority of production in Spain until April 9

Related: Lufthansa to ground entire Airbus A380 fleet

Jamie Whitney, Associate Editor
Intelligent Aerospace

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