Impact of COVID-19 on Aerospace and Preparing for the Rebound

Presented by

Janesh Janardhanan, Consulting Director and Amartya De, Associate Director, Frost & Sullivan, Aerospace & Defense Practice

About this talk

COVID-19 is the biggest crisis in history to hit the aviation industry. The global lockdown saw daily passenger flight departures decline by 93% between Q4 2019 and Q2 2020. Airlines, airports, OEMs, and MROs are deeply impacted. While the industry will recover, the recovery is expected to be slower than 9/11, SARS, or the global financial crisis. In this webinar, Frost & Sullivan quantifies the impact expected across various segments, estimated recovery periods, response of companies to this adversity, lessons that will endure beyond COVID-19, key actions that CEOs in the industry must take now and some interesting companies to watch that may emerge stronger than before. Key Takeaways: • How big is the impact of COVID-19 on airlines and airports? • What are the major airlines doing to address the crisis? • What impact will remain after COVID-19? • How will global aircraft deliveries be impacted by COVID-19? • How are leading global OEMs responding to COVID-19, and is it speeding up mergers and acquisitions? • What is the impact on the MRO industry? Which regions are most impacted? • What are the leading global MROs doing to address the crisis? • What are the key action areas that CEOs in the aviation industry must prioritize? • Which companies serving the aviation industry should be on your radar?

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