Richard Brown, NAVEO’s Managing Director, provides some perspectives on the implications of COVID-19 on aerospace production and aftermarket. What can we learn from previous recessions, and what should we be considering as we revise business plans?
Industry Insights
More News
Date: March 29 , 2022 |
Air Transport Aircraft Retirements Update |
The air transport aircraft retirement tsunami that was expected has, so far, failed to materialize. 2021 saw the lowest official retirements since 2007, with only ~429 aircraft being recognized as being officially ret... |
READ MORE |
Date: November 23 , 2021 |
Tracking the Air Transport Utilization Recovery |
April 2020 marked the low point in air transport fleet utilization. Since then, aircraft flying hours have been steadily increasing. However, the speed of the recovery has varied by size of aircraft (e.g., narrowbod... |
READ MORE |
Date: March 12 , 2021 |
Reviewing 2020 Aircraft Retirements |
So, how many air transport aircraft retired in 2020? Thousands? Nope. 2020 did not yield the thousands of retirements that had been feared. Though the final tally will be subject to revision in the coming months, so f... |
READ MORE |