The knock-on effect of the collapse in passenger demand has become clearer in MRO providers’ second-quarter results, although the full severity of the

Lufthansa has blamed the “almost complete grounding of [the] global commercial aircraft fleet,” for losses at its maintenance arm in the second quarter.

Airbus’s first-half results were expected to be ugly and the European OEM duly revealed that it burned through more than €12 billion ($14 billion) of