The aerospace industry is an important pillar of French export sector, contributing about 31 billion euros to French trade surplus in 2019, ahead of the 27 billion euros surplus contributed by luxury goods. However, the impact of novel coronavirus epidemic has plunged the French aerospace industry into a historic low and will have a huge impact on French trade balance. Under the impact of the epidemic, various industries in France have generally suffered heavy losses are facing severe challenges of recovery. One of the most severely impacted sectors is the aerospace industry, known as the "lifeline of exports", which is facing its worst recession in 20 years. It is understood that airbus group delivered a total of 863 commercial aircraft to 99 customers in 2019. Airbus delivered 196 aircraft in the first half of 2020, compared with Boeing's total of 70 in the first half of 2020 (239 in the same period last year). Airbus’s delivery of 196 aircraft in the first half of 2020 can be described as an excellent performance, but compared to 389 aircraft in the same period last year, it has been reduced by half, and 67 of the 369 new orders were cancelled in the first seven months of this year. In recent years, French aerospace industry has been booming. Airbus group's aircraft delivery in 2019 increased by 8% compared with the previous year. The overall export volume exceeded 64 billion euros, reducing the scale of France's foreign trade deficit. It is understood that France's trade deficit in 2019 was about 59 billion euros, a decrease of approximately 4 billion euros compared with 2018. French economists is worried that the country's trade imbalance will worsen in the absence of an export bellwether, the aerospace sector.