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?
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...
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...
Date: January 18 , 2021
Norwegian Air Shuttle Fights for Survival
On the 14th of January, Norwegian Air Shuttle announced plans to focus on short-haul flying and abandon long-haul. Norwegian’s quest for profitability long preceded COVID-19. The restructuring plan calls for 50 nar...