CAT Editor-in-Chief Rick Adams, FRAeS has some modest suggestions for improving the civil aviation industry’s path to recovery.
While politicians fiddle, airlines are burning through cash. US$51 billion in Q2. Another $77B expected in the second half of the year. A further $5-6 billion per month through the end of 2021, according to IATA’s current forecast.
Some governments have continued to prop up their nation’s airlines, such as Japan and Australia, but others have become preoccupied with elections and second-surge pandemic restrictions, ignoring pleas from aviation leaders while tens of thousands of talented, experienced airline employees are furloughed or released.
Under the radar, thousands more jobs are being shed throughout the airline supplier community – aircraft manufacturers and component builders, MROs to an extent, catering companies, ground transport, airport retailers, and aviation training organisations.
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