The COVID 19 epidemic is hitting the aviation industry, with an unprecedented violence and speed without comparison with previous crises.
Its scale is expected to have a profound impact on the aeronautics sector as a whole, questioning previous certainties regarding its long term growth.
In order to get a clearer picture, we will present our view of this sector, which is experiencing its first crisis in twenty years, as well as our recommendations.
What can be the legacy of COVID-19 for the sector ? Concentration ? Opportunities for challengers ? Shrinking cash flows in the industry might reduce capex and R&T ?
AlphaValue’s lead analyst on Aerospace & Defence, Hugo Paternoster relased its last strategy piece on the sector.
To download the report : click here
Coverage : Airbus, BAE Systems, Leonardo, Meggitt, MTU Aero, Rolls-Royce, Safran, Thales.
Founded in 2007, AlphaValue is the world’s leading provider of Independent European Equity and Credit Research. We provide comprehensive, unconflicted research-only (no execution, no corporate finance) coverage of c. 480 European mid and large cap stocks. We have an average of 46% of negative recommendations at any one time. Learn more at www.alphavalue.com