European aircraft manufacturer Airbus (OTCMKTS: EADSY) received four orders in July compared to 33 last year as airlines downsize and rein in capital expenses to survive the travel fallout from the coronavirus pandemic.
Year-to-date through July, orders at Airbus are down by half. The airframer said it received 302 net orders after customers canceled orders for 67 aircraft. In 2019, the aircraft manufacturer had 768 net orders.
Most of the airplanes ordered were mid-range, single-aisle planes...
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