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Swissport ground personnel preparing a flight for departure. (Photo: Swissport International Ltd. (SPI))

Opinion: Third Party Suppliers, as Well as the Airlines, Are Taking a Hit

The impact of the pandemic on airlines globally has been well documented. With many airlines reporting 70 to 90 percent reductions year-on-year (YoY) in scheduled flying, airline planners and analyst have been sent scurrying to mitigate the financial and human impacts. But the losses seen by the airlines extend well past the airlines themselves. As airlines work to restart their operations, airline managers should be concerned about the COVID-19 driven economic impact on some of their key partners. Aviation suppliers…