In the last newsletter we looked at the crisis-ridden commercial aviation sector and the players’ prospects for the coming months and years. While this sector will require 2-3 years to regain its strength the business aviation community is more optimistic about continuing demand and stable prices in case travel restrictions will be cut for the 2nd half of this year and COVID-19 will not see a threatening 2nd wave across the globe. The first region to open up and returning to the “new” old daily routines is East Asia. Reason enough to take a closer look.
The looking-glass world in times of Corona is asking for more breath than initially expected by most of us. While strict measures in Europe bring down infection rates the virus will stay with us for the rest of the year – and longer. We all have to find our ways to cope with the situation and adjust to new conditions. But we can manage by trusting longstanding business relations, becoming creative and communicating openly. The business world will have to become more modest and tolerant.