Expert Opinion
AINsight: Navigating Through Covid's 'Economic Shockwaves'
The Covid-19 pandemic is clearly having far-reaching impacts on the aerospace and aviation sector.

Anyone looking for validation on whether the Covid-19 pandemic is having far-reaching impacts on the aerospace and aviation industry needs to look no further than a couple of reports that emerged recently.

Lockheed Martin, the lead contractor on the F-35 fighter jet program, highlighted supply chain issues and delays when updating its 2020 delivery guidance, which is now expected to be about 18 to 24 aircraft (or about 13 to 17 percent) lower than planned. At London Heathrow and Frankfurt Airports, two of the world’s largest hubs for international commercial air passenger and freight, passenger enplanements in May 2020 were down a spectacular 97 percent year-over-year.

Rolland Vincent
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