The COVID-19 outbreak in 2020 was the most significant disruption ever encountered by the aerospace industry. Nations locked down, flights were cancelled and aircraft were parked and stored. The exceptional scope and speed of the
pandemic affected each industry segment: airline, MRO, OEM, vendor and lessor. Even before this unprecedented turbulence,the sector showed signs of distress. Today, the need for change has become a crucialprerequisite for supporting sustainable
growth.