Airline Recovery Starts in Second Half of 2021: Avolon CEO

The video discusses the impact of lockdowns on the airline industry, forecasting a recovery by 2024, with potential acceleration due to vaccines. It highlights customer support needs, such as lease deferrals, and anticipates a steady recovery starting in the second half of 2021. The outlook for summer 2021 in Europe is uncertain, depending on vaccine rollout. The video also addresses excess aircraft supply, advising Airbus and Boeing to adjust production levels.

What is the expected timeline for recovery in the airline industry as discussed in the text?

What challenges does the airline industry face regarding aircraft production?