Weathering the storm and overcoming the challenges

The aviation industry has been significantly impacted by the disruption and travel restrictions resulting from the COVID 19 pandemic. With a huge portion of the global fleet of passenger aircraft sitting idle and airlines, lessors, airports, and support
businesses facing a drop in revenues, we look at the steps businesses can take to survive and adapt.

This article covers the following areas:

• Liquidity
• Operating cost
• Debt and  restructuring
• Operational  changes
• What SNG Grant Thornton is doing to help airlines and leasing companies