A look at China’s aircraft industry after COVID-19
COVID-19 has dealt a long-term blow to China’s aircraft industry. Responding to Chinese government’s strict measures to constrain the propagation of the epidemic, Chinese citizens became conservative on travelling. Hence, the loss of China’s aircraft companies for Q1 of 2020 was approximately 73 billion RMB, which compelled them to find self-rescue plans. In March, the […]