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HXL - The Next Couple Of Years Will Be Rough For Hexcel
Hexcel Corporation
Going into 2020, aerospace looked like one of the best markets to be in, and one of the relatively few markets where there really weren’t worries about underlying demand. In a few short months, Covid-19 has brought air travel to a standstill, threatened the survival of multiple airlines, and thrown the commercial aerospace market into chaos. As a supplier of advanced composites used in a range of aerospace applications, there’s really no place for Hexcel (HXL) to hide, and the next couple of years are going to be rough for this company.