Alderman & Company, serving the global aerospace and defense industry, has announced the publication of a proprietary survey highlighting the growing liquidity crisis in the commercial aviation industry, the company said.
In June, Alderman & Company surveyed 65 companies in the middle market of the commercial aviation supply chain. These companies included-but were not limited to-manufacturers, distributors, and service providers (such as maintenance and repair). Key findings included:
-Airline passenger traffic is not expected to return to pre-pandemic levels until 2022
-Suppliers are looking to cut expenses ahead of future declines
-Financing for suppliers is not expected to come from banks
This is the second in a series of surveys the company plans to conduct regarding the pandemic´s impact on the commercial aviation industry supply chain.
Alderman & Company® is a specialized investment bank exclusively providing sell-side M&A advisory services to middle market companies within the global aerospace and defense industry.
