The DOT OIG found the roughly 250 U.S. contract towers used at least 47.6% fewer resources on average between 2015 and 2018, and had fewer safety events.
AirFinance founder Kirsten Bartok Touw predicts rapid consolidation in the urban air mobility sector as only companies with cash in hand may now succeed.
First-quarter deliveries at Gulfstream Aerospace fell 33 percent due to Covid-19 travel restrictions, while supply chain issues will curtail production.
Airliner deliveries could fall further during the second and third quarters of 2020, resulting in greater financial pressure on the aerospace supply chain.
As the business aviation industry adjusts to life in the Covid-19 era, AviationManuals believes its time for FBOs to update their operating procedures.