The depth and duration of the crisis in which aeronautics has plunged, in the wake of the airlines shut down by the Covid-19 epidemic, remain uncertain. Airbus and Boeing, with the entire industry behind them, could "take three to five years, perhaps even seven years to return to a pre-crisis situation" , estimate, in a study published on Friday June 12, analysts at AlixPartners. For the latter, there is little "analogy of such violent, rapid and lasting crisis in the industry, except perhaps that of the automobile in 2007-2009, which took ten years to return to its previous levels. the financial crisis ” .
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"If we make a parallel with previous crises, the shock caused by the Covid-19 crisis is deeper and more lasting," said Alain Guillot, boss of the Paris office of AlixPartners. Aeronautics had taken 12 months to recover from the shock of the September 2001 attacks, which had reduced traffic in the United States by 45%,
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