Heard on the Street: The once-lucrative aerospace aftermarket industry might not recover from this crisis as quickly as it did from the last one
Last week, German airline giant Lufthansa announced that it would decommission its entire Airbus A340-600 fleet, which amounts to 17 jets.
Carriers all around the world are accelerating plans to retire older aircraft in the face of months—very possibly years—of depressed travel demand. Some decommissioned planes could come back, but the useful life of unpopular four-engines models like...
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