The aviation industry has been significantly impacted by the disruption and travel restrictions resulting from the COVID-19 pandemic. With a huge portion of the global fleet of passenger aircraft sitting idle and airlines, lessors, airports and support businesses facing a drop in revenues, we look at the steps businesses can take to survive and adapt. The industry accounts for 5.6% of Saudi Arabia’s GDP, however the prolonged travel restrictions have resulted in industry revenue being revised to $7.2 billion, a 35% decrease.
From liquidity to debt and restructuring, we address the diverse and complex
challenges faced by airlines, leasing companies and aircraft funds in particular.
In this report [ 7937 kb ]we consider the implications for employers and how financial planning for the medium and long term will be affected.
For further details or to discuss your requirements, please contact Imad Adileh.