How COVID-19 Is Impacting Aerospace

The COVID-19 epidemic is a bit like a hurricane.  Let’s get through it together.  

Panicking is more dangerous than hunkering down. -Craig Picken 

Takeaways + Tactics

• Hurricanes are scary, but they do pass and life will return to normal. 
  
• Focusing on one metric or putting your eggs in one basket is never a good thing. 
   
• Airlines are parking airplanes and doing limited maintenance of Safety of Flight only.  But it will get better.
  
• When the airlines do return, they will rebalance on the back of cheap oil and very efficient airplanes. The MAX, A220 and A320-NEO are solid and efficient.
  
• This is a good time to polish up on skills, reading and brushing up our resume so we can hit the ground running when things return to normal.

 

Learn More About Your Host:

Co-founder and Managing Partner for Northstar Group, Craig is focused on recruiting senior level leadership, sales and operations executives for some of the most prominent companies in the aviation and aerospace industry. Clients include well known aircraft OEM’s, aircraft operators, leasing / financial organizations, and Maintenance / Repair / Overhaul (MRO) providers. 

Since 2009 Craig has personally concluded more than 150 executive searches in a variety of disciplines. As the only executive recruiter who has flown airplanes, sold airplanes AND run a business, Craig is uniquely positioned to build deep, lasting relationships with both executives and the boards and stakeholders they serve. This allows him to use a detailed, disciplined process that does more than pair the ideal candidate with the perfect opportunity, and hit the business goals of the companies he serves.