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Fortune Aviation Services forecasts a downturn in commercial aircraft markets

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Fortune Aviation Services forecasts a downturn in commercial aircraft markets

Fortune Aviation Services has forecasted a downturn in commercial aircraft markets will take place in 2020.

A combination of a surplus of narrowbodies and slower growth means it will be a difficult 2020 for stakeholders in the commercial aviation market, including airlines, forecasts Fortune Aviation Services.  

The firm said: "While the 737 MAX grounding has mitigated this temporarily, the combination of its return to service and unrealistic narrowbody production rates will disrupt the supply/demand balance further."