The collapse of global air traffic and ultra-low crude prices should continue to crush aerospace manufacturers Boeing and Airbus for months to come as airlines have decided to take a wait and see approach to any rebound in demand for air travel. Deliveries are down while cancellations are up for the beleaguered duopoly and Boeing still has ongoing issues with the 737 MAX jet on its plate, more than 14 months after the MAX was grounded around the world.
Related ETF and Stocks: US Global Jets ETF (JETS), Boeing Co. (BA), Airbus SE (EADSY)
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