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AAL - How Boeing Will Suffer From Airline Bankruptcies
American Airlines Group Inc.
Article Thesis
It is reasonable to assume that a range of airlines (JETS) will go bankrupt during the current crisis, and/or see major restructuring changes. This will hurt demand for new commercial aircraft in the short- and medium-term, and the deferral of new aircraft deliveries by non-bankrupt airlines and aircraft leasing companies will further hurt revenue outlooks for large aircraft manufacturers in the near term.
Boeing (BA), as the world's leading commercial aircraft manufacturer, will be impacted substantially by these events, especially since it already was facing issues with its 737 MAX program