Single-Aisle Market Less Affected By COVID-19 Than Widebodies
The recovery of air travel will come in phases, and conventional wisdom is that it will begin with domestic flights, followed by regional international services. Both of those are predominantly operated by narrowbody aircraft. Given government restrictions on travel, long-haul markets will be the last to reopen.
This means that while markets for both the narrowbodies and widebodies will be severely affected by COVID-19, the single-aisle market will be less affected.
Even before the novel coronavirus crisis, demand for new widebodies had significantly softened as new long-haul narrowbodies such as the Airbus A321XLR ate into the market.