Aerospace manufacturers and suppliers that have survived the pandemic ’ s global aviation decline have a once in a business lifetime opportunity, says Rusty Coleman. As air travel returns, along with the associated demand for parts and planes, this is the time to assess your business functions…
Including both Business Aviation and the scheduled airlines (plus their associated services), the aerospace industry shed 100,000 jobs at the height of the US shutdown in April 2020. One multinational conglomerate alone lost 13,000 employees from its aviation unit.