Kaiser Aluminum has cut its forecast for revenue from commercial aerospace this year amid a sharp decline in air travel due to the Covid-19 pandemic and a knock-on effect throughout that industry.
The US aluminium producer, deemed an essential business in that country, anticipates that its commercial aerospace value-added revenue could be roughly 20-25% lower in 2020 compared with record levels last year."Since late February 2020, global air travel has slowed dramatically as a result...