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Aviation Must Face Up to Prospect of Long ?COVID Overhang?, Says Alton Aviation Consultancy Report

NEW YORK (June 2, 2020) ? The ?New Normal? for the aviation industry is 18-24 months away and key players must prepare for an extended ?Covid overhang? period and a long, turbulent journey to recovery, according to Alton Aviation Consultancy.

The global aviation advisory firm today released its independent report ?Covid-19: Implications for the commercial aviation industry?, offering detailed insight into the ongoing crisis for the whole aviation industry. The comprehensive paper sets out a list of mitigating strategies and actions for airlines, aircraft lessors, MRO (Maintenance, Repair and Overhaul) providers, aerospace manufacturers, and airports to prioritize resources and manage risk.

Adam Cowburn, report author and managing director in Alton?s Hong Kong office, says: ?The surest way out of this crisis is for every player across the aviation value chain to work in tandem with governments and other stakeholders to put airlines back in the air and get revenues flowing again.

?While the fight against the virus continues with travel restrictions and quarantines to limit spread, we are cautiously optimistic that the immediate phase of deep crisis for the aviation industry may come to end in the not-too-distant future. Before settling in the New Normal, the industry will pass through an extended period we are calling the ?Covid overhang? ? certain aspects of life may return to varying degrees of normalcy, but the influence of Covid-19 will continue to loom large over the aviation industry. Businesses must not let unrelenting ambiguity get in the way of continuous mid- and long-term strategic planning.?

Jonathan Berger, report author and managing director in Alton?s New York office, adds: ?The current crisis is unlike anything the industry has seen before. Significant focus to date has been on the very visible impacts Covid-19 has had on airlines, but numerous other players in the value chain ? MROs, lessors, airports, manufacturers, and others ? are reeling from the impact of Covid-19 and need to chart a path out of the current crisis. The companies that emerge the strongest will ultimately be those that plan well and act decisively.?

Alton?s report sets out a playbook for navigating the turbulence caused by coronavirus, offering analysis of the impact across the entire aviation industry, and outlining opportunities available for growth and restructuring. The report ?Covid-19: Implications for the commercial aviation industry? may be downloaded from the link below.

Download Report

Covid-19-Implications-for-the-Commercial-Aviation-Industry_Page_01

アルトン航空コンサルタント会社について

Alton Aviation Consultancy は、航空および航空宇宙産業にサービスを提供する世界的な顧問会社です。同社は、ソート リーダーシップ、定量的分析、革新的なソリューション開発で世界的に認められている航空業界のベテラン幹部によって設立されました。同社は、航空会社、製造業者、MRO、アフターマーケットサービスプロバイダー、貸手、より広範な金融および投資コミュニティを含む顧客にバリューチェーン全体をカバーしています。

ニューヨーク、ダブリン、ドバイ、香港、北京、東京、シンガポールにオフィスを構えるアルトンの多様な専門アドバイザー チームは、航空バリュー チェーン全体にわたる地域の深い専門知識を備えたグローバルな視点を顧客との関わりにもたらします。一般的なクライアントの取り組みには、戦略と事業計画の開発、業務パフォーマンスの改善、再構築、取引サポートが含まれます。

Aviation Must Face Up to Prospect of Long ?COVID Overhang?, Says Alton Aviation Consultancy Report

Aviation Must Face Up to Prospect of Long ?COVID Overhang?, Says Alton Aviation Consultancy Report

NEW YORK (June 2, 2020) ? The ?New Normal? for the aviation industry is 18-24 months away and key players must prepare for an extended ?Covid overhang? period and a long, turbulent journey to recovery, according to Alton Aviation Consultancy.

The global aviation advisory firm today released its independent report ?Covid-19: Implications for the commercial aviation industry?, offering detailed insight into the ongoing crisis for the whole aviation industry. The comprehensive paper sets out a list of mitigating strategies and actions for airlines, aircraft lessors, MRO (Maintenance, Repair and Overhaul) providers, aerospace manufacturers, and airports to prioritize resources and manage risk.

Adam Cowburn, report author and managing director in Alton?s Hong Kong office, says: ?The surest way out of this crisis is for every player across the aviation value chain to work in tandem with governments and other stakeholders to put airlines back in the air and get revenues flowing again.

?While the fight against the virus continues with travel restrictions and quarantines to limit spread, we are cautiously optimistic that the immediate phase of deep crisis for the aviation industry may come to end in the not-too-distant future. Before settling in the New Normal, the industry will pass through an extended period we are calling the ?Covid overhang? ? certain aspects of life may return to varying degrees of normalcy, but the influence of Covid-19 will continue to loom large over the aviation industry. Businesses must not let unrelenting ambiguity get in the way of continuous mid- and long-term strategic planning.?

Jonathan Berger, report author and managing director in Alton?s New York office, adds: ?The current crisis is unlike anything the industry has seen before. Significant focus to date has been on the very visible impacts Covid-19 has had on airlines, but numerous other players in the value chain ? MROs, lessors, airports, manufacturers, and others ? are reeling from the impact of Covid-19 and need to chart a path out of the current crisis. The companies that emerge the strongest will ultimately be those that plan well and act decisively.?

Alton?s report sets out a playbook for navigating the turbulence caused by coronavirus, offering analysis of the impact across the entire aviation industry, and outlining opportunities available for growth and restructuring. The report ?Covid-19: Implications for the commercial aviation industry? may be downloaded from the link below.

Download Report

Covid-19-Implications-for-the-Commercial-Aviation-Industry_Page_01

アルトン航空コンサルタント会社について

Alton Aviation Consultancy は、航空および航空宇宙産業にサービスを提供する世界的な顧問会社です。同社は、ソート リーダーシップ、定量的分析、革新的なソリューション開発で世界的に認められている航空業界のベテラン幹部によって設立されました。同社は、航空会社、製造業者、MRO、アフターマーケットサービスプロバイダー、貸手、より広範な金融および投資コミュニティを含む顧客にバリューチェーン全体をカバーしています。

ニューヨーク、ダブリン、ドバイ、香港、北京、東京、シンガポールにオフィスを構えるアルトンの多様な専門アドバイザー チームは、航空バリュー チェーン全体にわたる地域の深い専門知識を備えたグローバルな視点を顧客との関わりにもたらします。一般的なクライアントの取り組みには、戦略と事業計画の開発、業務パフォーマンスの改善、再構築、取引サポートが含まれます。

Aviation Must Face Up to Prospect of Long ?COVID Overhang?, Says Alton Aviation Consultancy Report