Rants and Podcast
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Jan 14, 2021 | Podcast
How Deep are the Scars?
What is the future of aviation? Will we be bearing the brunt of coronavirus for years to come or will the impact be short-lived?
In this episode, author of Aircraft Valuation, David Yu shares his prognosis for aviation in 2021 and beyond.
3 Things We Learned from David
- The impact of furloughed skills on the industry: Letting people go in a crisis is relatively easy, but getting them back isn’t so simple. As an industry, aviation is at risk of a potentially long-term talent gap.
- Why new investors are at an advantage during this period: Now might not be the worst time to start an airline. Between open routes and the availability of assets and labor force, there are a ton of opportunities for those willing to take the plunge.
- How the ‘new normal’ will affect aviation in the first quarter of 2021: With more people working from home full-time we should expect to see a portion of business aviation demand fall away, at least in the short term.
Northstar Group is the leading, high-end, retained search firm 100% focused on Aviation and Aerospace. Craig Picken is a skilled builder of high-impact Manufacturing, Operations, Finance and Aftermarket Services teams and has placed more than 200 industry leaders.