Global Fleet Recovery
Before COVID-19, the global fleet and the industry at large had been on an unfettered positive trajectory for 10 years. That was particularly true in the second half of the last decade when low jet fuel prices also enhanced profitability. As this decade begins, however, the industry faces more uncertainty than it has for more than 20 years, starting with the disruption wrought by the pandemic. In this episode of the Oliver Wyman Velocity Podcast, join Tom Cooper, CAVOK Vice President and Brian Prentice, Partner for a conversation around the implications for the MRO market as we start to see signs of recovery in 2021 and over the next ten years. They will also discuss MRO demand, critical market trends and their corresponding implications for airlines as the aviation industry emerges from the COVID-19 crisis and fallout.