The issues faced by the aviation industry as a result of the Coronavirus have been widely reported. Whilst increased demand for services such as repatriation flights, emergency cargo, and short term charters has benefited performance, a wider decline in demand across both the Charter and Safety & Security divisions is impacting performance. The exact magnitude of this is difficult to quantify and we have therefore withdrawn our forecasts. Across the Group, costs are being tightly managed to pres ....
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Industry challenges impacting performance
- Published:
18 Mar 2020 -
Author:
Greg Poulton -
Pages:
3
The issues faced by the aviation industry as a result of the Coronavirus have been widely reported. Whilst increased demand for services such as repatriation flights, emergency cargo, and short term charters has benefited performance, a wider decline in demand across both the Charter and Safety & Security divisions is impacting performance. The exact magnitude of this is difficult to quantify and we have therefore withdrawn our forecasts. Across the Group, costs are being tightly managed to pres ....