Aerospace Recovery Post COVID-19: Part 1

How long will it take for the aerospace industry to recover from COVID-19? What are the implications on aerospace production in a post pandemic world? And how can government intervention and new business model evolve to support an industry in dire trouble? Only four months ago it looked as though there would not be enough pilots or mechanics to handle what seemed an insatiable air travel demand. However, in the wake of the worldwide pandemic, the industry undoubtably faces a contraction. In this episode of the Oliver Wyman Velocity Podcast, join Jérôme Bouchard, Partner and Ken Aso, Partner as they have discussion around the current state of aerospace, and how the pandemic has triggered massive cutbacks in capacity, layoffs and order cancellations all along the supply chain.