Aircraft manufacturers saw no aircraft orders in September as the COVID-19 pandemic continues to devastate the industry.
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Commercial aircraft orders for the third quarter fell to their lowest level on record with only 13 aircraft orders worldwide. The COVID-19 pandemic crippled demand for travel and forced airlines to delay adopting new jets.
There were no orders for new aircraft in September. Only four and nine orders followed in July and August, which corresponds to a decrease of 91.4% compared to the same quarter of the previous year, said the aerospace and defense lobby group ADS on Monday.
Airliner deliveries over the same period also highlighted the devastating impact of the pandemic on the sector. 173 aircraft were delivered, which is the worst third quarter in existence. Of these, 135 were single-aisle aircraft and only 38 were wide-body aircraft, as long-haul international travel dropped sharply.
Read: Boeing delivered 11 aircraft in September but received no new orders
While ADS said it saw supplies spike to levels similar to February this year in September before lockdowns worldwide, they were still well below expected levels for that time of year.
Paul Everitt, chief executive of ADS, said the aerospace industry has invested in robust health and safety measures as part of aircraft design, which minimizes the risk of transmission while traveling on board an aircraft.
“The quarantine time passengers face on their return home is one of the main obstacles to recovery and scrutiny by UK aviation. This can play an important role in reducing this. The government should quickly introduce a test regime so that the 14-day quarantine period can be shortened. "
Read: United Airlines is testing the COVID-19 health pass to stimulate global travel again
"This will help build traveler confidence and put the aerospace industry on a path to recovery," said Everitt.
The slump in deliveries has sparked a wave of job losses in the industry. The world's largest aircraft manufacturer Airbus
said on Oct. 23 that it would cut 15,000 jobs, mostly in Europe, to secure its future, warning of challenging times. The cuts make up around 10% of the global workforce of around 135,000 people.
Read: Airbus wins Mars Spacecraft contract. Why the stock is falling.
Air traffic is not expected to recover to pre-COVID levels before 2023 and possibly not until 2025, Airbus
Now "additional measures" need to be taken, the company said in a statement.
The cuts come despite a government bailout of € 15 billion ($ 17.7 billion) for the French aerospace industry announced in early October.
Read: Rolls-Royce is targeting $ 6.4 billion to bolster its troubled balance sheet
announced plans to raise £ 2 billion ($ 2.6 billion) on a rescue rights issue as part of a package to shore up the balance sheet of the aircraft engine maker hit by the pandemic. The fundraising is in addition to a major restructuring announced in May that will cut 9,000 jobs worldwide and close several production sites.