A large overcapacity is in place now and for the foreseeable future. With airlines operating their much-reduced schedules, some aircraft types are proving to be more popular than others, a trend that is likely to continue even after the novel coronavirus pandemic subsides and demand recovers.

Most industry observers agree that smaller widebodies and long-haul capable narrowbodies are going to benefit the fastest when commercial aviation recovers. These aircraft offer the least amount of risk in terms of trip costs and are also competitive in terms of unit costs. However, international travel restrictions have put a premium on cargo capacity, giving some widebodies an advantage, even if it is short-lasting. 

While there are no real winners in the COVID-19 downturn, some aircraft types are expected to benefit in relative term.