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Episode 1: Industry Status Wed. September 15, 2021 7:30-9:30am EDT
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Page 1: Episode 1: Industry Status

Episode 1:Industry Status

Wed. September 15, 20217:30-9:30am EDT

Page 2: Episode 1: Industry Status

• This session is recorded.

• Your mic is automatically muted.

• Poll: Click on Submit once you have selected your answer

• Use the Q&A feature on the right side of your screen to submit your questions to our panelists

• Competition Law Guidelines

2Ep 1 - Industry Status 15 September 2021

Page 3: Episode 1: Industry Status

Competition law guidelines

Do not discuss:

• Any element of prices, including fares or service charges

• Commissions

• Allocations of customers or markets

• Marketing plans, commercial terms or any other strategic decision

• Group boycotts

• Your relations with industry stakeholders

• Any other issue aimed at influencing the independent business decisions of competitors

15 September 20213

Page 4: Episode 1: Industry Status

Opening Remarks

Our host today:

• Role of the MCC

• MCTG Data collection

www.iata.org/mctg

• Poll and Q&A

4Ep 1 - Industry Status 15 September 2021

Chris MARKOU

Head, Operational Cost Management – IATA

[email protected]

Page 5: Episode 1: Industry Status

Next EpisodesEpisode 2 – Sept 22 (7:30am EDT or 1:30pm in GVA or 7:30pm SIN)

• IATA/Rolls Royce agreement

Episode 3 – Sept 29 (7:30am EDT or 1:30pm in GVA or 7:30pm SIN)

• Digital Aircraft Operations

Episode 4 – October 6 (7:30am EDT or 1:30pm in GVA or 7:30pm SIN)

• Operating in the post pandemic

Visit www.iata.org/mcc to register

5Ep 1 - Industry Status 15 September 2021

Page 6: Episode 1: Industry Status

Agenda

• Speaker introductions

• Poll

• Impact of COVID on the industry

• State of the airline industry and outlook

• Fleets & Utilisation

• Aviation Restart, Safely Managing Aircraft Return to Service

6Ep 1 - Industry Status 15 September 2021

Page 7: Episode 1: Industry Status

Our Speakers

7Ep 1 - Industry Status 15 September 2021

Keith FERNANDES

Manager, Fleet Engineering – Virgin Australia

MCTG Vice-Chairman

[email protected]

Adam PILARSKI

Senior VP - AVITAS

[email protected]

Michael MOOSBERGER

Senior Economist – IATA

[email protected]

Andrew DOYLE

Senior Director, Market Development – Cirium

[email protected]

Page 8: Episode 1: Industry Status

Poll

8Ep 1 - Industry Status 15 September 2021

Page 9: Episode 1: Industry Status

When will demand for travel be back to 2019 levels? (Results from 2020 & 2021 polls)

9 15 September 2021Ep 1 - Industry Status

2022

2023

2024 +

Page 10: Episode 1: Industry Status

Impact of COVID on the industry

Adam Pilarski

SVP – Avitas

15 September 2021Ep 1 - Industry Status 10

Page 11: Episode 1: Industry Status

Adam Pilarski,

Senior Vice President, AVITAS, Inc.

September 15th, 2021

Impact of COVID on the industry

IATA 17th Maintenance Cost Conference

Page 12: Episode 1: Industry Status

Slide ▪12

Not Good!!!

Page 13: Episode 1: Industry Status

Slide ▪13

▪Some general thoughts

▪Short term considerations

▪Long term considerations

Page 14: Episode 1: Industry Status

Slide ▪14

The 12 Step Approach

Accept the reality that there is a power greater than you

VIRUS

Page 15: Episode 1: Industry Status

Slide ▪15

Page 16: Episode 1: Industry Status

Slide ▪16

SHORT TERM

Best guess for return to

2019 levels

2024

Page 17: Episode 1: Industry Status

Slide ▪17

What we know

▪Domestic travel ahead of international

▪Direct ahead of hubs

▪Narrowbodies do better than widebodies

▪The worst may still be ahead of us, at least

financially

Page 18: Episode 1: Industry Status

Slide ▪18

Long Term Questions

▪Future of business travel

▪Future of leasing

▪Provides financing to airlines

▪Impact on orders but even on the design of airplanes

▪Role of Governments

Page 19: Episode 1: Industry Status

Slide ▪19

Future of Forecasting

▪Traditional models do not work right now

▪Times of experiments

▪New airlines, new airplane types, new fuels

Page 20: Episode 1: Industry Status

Slide ▪20

Thank you for listening!

Please be safe and sane

Adam Pilarski

[email protected]

Page 21: Episode 1: Industry Status

Questions?

Adam Pilarski

SVP – Avitas

15 September 2021Ep 1 - Industry Status 21

Page 22: Episode 1: Industry Status

State of the airline industry and outlook

Michael MOOSBERGER

Senior Economist – IATA

15 September 2021Ep 1 - Industry Status 22

Page 23: Episode 1: Industry Status

COVID-19Update on the state of

the airline industry and

outlook

Michael Moosberger

Senior Economist

23

15th September 2021

Page 24: Episode 1: Industry Status

Survival cost - a huge rise in airlines’ debt by end-2020$220bn rise in airline debt as a result of govt aid and market issues

Source: IATA Economics using data from own estimates of Government aid, private debt estimates from Airfinance Journal, November 2020. Debt includes adjustment for operating leases.

Government

Banks, capital markets, lessors

Page 25: Episode 1: Industry Status

Airline industry financials are improving but still negative Operating losses reduced to 20% of revenues by Q2 of 2021

Source: IATA Economics using data from the Airline Analyst

-80%

-70%

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

2015 2016 2017 2018 2019 2020 2021

% r

ev

en

ue

Global airline industry operating margin, % revenue

Unadjusted

Seasonally adjusted

Page 26: Episode 1: Industry Status

Transition to cash flow generation but uneven North America and China ahead of others with strong domestic recovery

Source: IATA Economics using data from the Airline Analyst

40%

-7%

12%

-12%

24%

30%

-23%

-3%

-19%

12%

North America Asia Pacific Europe Latin America Industry

Net cash flow from operating activities (darker colour) and free cash flow

(lighter colour) in Q2 2021*, % of revenues

North America Asia Pacific Europe Latin America Industry

Net cash flow

Free cash flow

*sample of 40 airlines

Page 27: Episode 1: Industry Status

Air travel rebounded in July, but risks are risingGlobal RPK recovery may stall after the rebound in Northern summer

Source: IATA Economics using data from IATA Statistics and DDS ticketing data

0%

20%

40%

60%

80%

100%

Industry-wide RPKs

% of pre-crisis 2019 levels

Domestic RPKs

International RPKs

August and September data based on bookings

Travel date

Page 28: Episode 1: Industry Status

International air travel recovery based on few marketsWithin Europe and North-Central America routes have improved

Source: IATA Economics using data from IATA Statistics

0%

20%

40%

60%

80%

100%

120%RPKs, % of 2019 levels

Within Europe

Within Asia

Europe-Nth.Am

ME-AsiaEurope-Asia

Nth-Ctr'l.Am

Sth-Ctr'l. Am

Page 29: Episode 1: Industry Status

Domestic markets are vulnerable but rebound quicklySetback in China but recovery continues once outbreak is under control

Source: IATA Economics using IATA Monthly Statistics and DDS ticketing data

0%

20%

40%

60%

80%

100%

120%

Domestic Traffic (Revenue Passenger-Kilometers)

Brazil China United States India

RP

Ks

% o

f p

re-c

ris

is 2

01

9 le

ve

ls

Travel Date

August- September data based on bookings

Page 30: Episode 1: Industry Status

Domestic load factors much stronger than internationalDomestic load factors close to pre-crisis levels, international improving

Source: IATA Economics using data from IATA Statistics

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21

Load factors on domestic and international markets

Domestic load factor

Internationalload factor

% o

f A

SK

s

Page 31: Episode 1: Industry Status

Air cargo volumes (CTKs) on strong upward trend Seasonally adjusted CTKs 4.5% above pre-crisis peak by mid-2021

Source: IATA Economics using data from IATA Monthly Statistics. Data is adjusted for seasonality.

Page 32: Episode 1: Industry Status

Consumers have accumulated savings to spendIn some markets consumers ‘excess’ savings exceed 10% of GDP

Page 33: Episode 1: Industry Status

New COVID-19 cases are rising in most regionsNew variants have meant virus control much harder than expected

Source: IATA Economics using data from European Centre for Disease Control

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Ja

n-2

0

Fe

b-2

0

Ma

r-2

0

Ap

r-2

0

Ma

y-2

0

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y-2

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Ju

n-2

1

Ju

l-2

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Au

g-2

1

New COVID-19 cases per week (000's)

Latin America

Nth. America

ASPAC

Africa

Middle East

Europe

Page 34: Episode 1: Industry Status

Vaccine rollout creates differences in recovery pathsHigh income countries + China to recover first, but many will lag behind

Source: IATA using data from Airfinity (23rd July)

Jan-21 Apr-21 Jul-21 Oct-21 Feb-22 May-22 Aug-22 Dec-22

Chile

US

EU

Australia

China

Brazil

Mexico

New Zealand

Egypt

Vietnam

Airfinity's vaccination rollout forecast

High risk & healthcare 50% population 75% population

Page 35: Episode 1: Industry Status

International travel restrictions remain highAsia remains most stringent, Latin America and Europe improve

Source: IATA Economics using data from Oxford University

Page 36: Episode 1: Industry Status

There is substantial pent-up demand but it is fragileSurge of bookings from the UK to Portugal reversed in a month

Source: IATA Economics using data from DDS

-120%

-100%

-80%

-60%

-40%

-20%

0%

20%

40%

60%

80%

1-Jan-21 22-Jan-21 12-Feb-21 5-Mar-21 26-Mar-21 16-Apr-21 7-May-21 28-May-21 18-Jun-21

Purchase date

Forward bookings, UK - Portugal travel

June 3rd: UK announce Portugal to be removed from green list

May 7th: UK announce Portugal

to be added to green list

UK - Portugal

% change vs the same period in 2019, 7-day MA

Page 37: Episode 1: Industry Status

Full recovery of air travel will still take several yearsDownside risks linked to virus variants and border policy

Source: IATA/Tourism Economics APF, July 2021

0

1

2

3

4

5

6

7

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Global passenger departures, billions per year

Range of uncertainty

Baseline forecast

Pre-COVID19 baseline forecast

2019 level recovered by 2023

Page 38: Episode 1: Industry Status

Rapid recovery in domestic but international lagsDomestic above 2019 level by next year. International not until 2024

Source: IATA Economics using data from Tourism Economic/IATA Air Passenger Forecast, July 2021

Page 39: Episode 1: Industry Status

Losses forecast to be reduced to USD38bn in 2021Regions with large domestic markets to lead improvement

Source: IATA Economics

-35

-30

-25

-20

-15

-10

-5

0

5

10

15

-140

-120

-100

-80

-60

-40

-20

0

20

40

60

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

% o

f o

pe

rati

ng

re

ve

nu

es

US

D b

illio

n

Net profit EBIT margin

Page 40: Episode 1: Industry Status

Contacts

[email protected]

www.iata.org/economics

Page 41: Episode 1: Industry Status

Questions?

15 September 2021Ep 1 - Industry Status 41

Michael MOOSBERGER

Senior Economist – IATA

Page 42: Episode 1: Industry Status

Fleets & Utilisation

15 September 2021Ep 1 - Industry Status 42

Andrew DOYLE

Senior Director, Market Development – Cirium

Page 43: Episode 1: Industry Status

Market status and recovery

outlook

FLEETS & UTILISATION

UPDATE

September 15, 2021

Page 44: Episode 1: Industry Status

Disclaimer or Liability

cirium.com 44

The material and information contained on this presentation is for general information purposes only.

You should not rely upon the material or information on the presentation as a basis for making any

business, legal or any other decisions.

Whilst we have made every attempt to ensure that the information contained in this presentation has

been obtained from reliable sources, Cirium is not responsible for any errors or omissions, or for the

results obtained from the use of this information.

Whilst we endeavour to keep the information up-to-date or correct, Cirium makes no representation or

warranties of any kind, express or implied about the completeness, accuracy, reliability, suitability or

availability with respect to the information, products or services or related graphics contained within the

presentation for any purpose. Any reliance you place on such material is therefore strictly at your own

risk. Cirium disclaims all warranties, express or implied, including but not limited to warranties of

performance, merchantability or fitness for a particular purpose. In no event will Cirium, its affiliates or

the partners, agents or employees thereof be liable to you, you clients or anyone else for any decision

made or action taken in reliance on the information on the presentation or for any consequential, special

or similar damages, even if advised of the possibility of such damages.

Page 45: Episode 1: Industry Status

The Cirium missionAccelerating

Digital transformation

We allow data to flow

fluidly, making it

available how, where

and when it is most

needed, regardless of

the systems and services

where it was created

or will be consumed

“”

Page 46: Episode 1: Industry Status

The Cirium Core forms the heart of our business

• A unique mix of proprietary technologies, skills, and processes. The foundation of our business from which all our work and services are derived.

• Ingesting millions of pieces of data every day from every corner of the aviation and travel sector and transforming them for real-world use.

• Providing an endless combination of practical datasets helping you make informed decisions to shape an intelligent future for your business and our industry.

The Cirium Core

Page 47: Episode 1: Industry Status

The in-service passenger jet fleet has been growing steadily since February

cirium.com 47

0

5000

10000

15000

20000

25000

Num

ber

of

air

cra

ft

In service Stored

Page 48: Episode 1: Industry Status

The top 10 passenger jet storage locations have also seen inventories decline

cirium.com 48

0

50

100

150

200

250

300

350

400

450

500

Num

ber

of

air

cra

ft s

tore

d

Roswell International

Marana Pinal Airpark

Kingman Airport

Victorville

Soekarno – Hatta

Alice Springs Airport

Kuala Lumpur International

Tucson International Airport

Teruel, Spain

Phoenix Goodyear Municipal

Page 49: Episode 1: Industry Status

However, recent improvements in tracked daily passenger jet flight numbers may be levelling off, with international volumes still at half of pre-pandemic level

cirium.com 49

-100%

-80%

-60%

-40%

-20%

0%

Change v

s 2

019

Domestic International

*7-day averages

Page 50: Episode 1: Industry Status

Number of passenger jets tracked daily with Chinese operators is almost back to 2019 levels, but the rest of Asia Pacific is lagging

cirium.com 50

-100%

-80%

-60%

-40%

-20%

0%

Change v

s 2

019

Asia Pacific ex-China China Europe Latin America USA

*7-day averages

Page 51: Episode 1: Industry Status

Fleet activity for past 90 days shows stark impact of travel restrictions by region

cirium.com 51

AirAsia (AK)

easyJet (U2)

JetBlue (B6)Daily flights tracked per MSN

(90 days up to and including September 12)

Page 52: Episode 1: Industry Status

Meanwhile in-service passenger jets are on average flying almost two hours less per day compared with 2019

cirium.com 52

0

2

4

6

8

10

Average daily flight hours per aircraft Average daily flight hours per aircraft 2019 equivalent

*7-day averages

Page 53: Episode 1: Industry Status

Top 30 global carriers by fleet size flew majority of their aircraft at least once during seven days to September 12...

cirium.com 53

0%

20%

40%

60%

80%

100%

Pro

port

ion o

f to

tal fleet

Tracked in flight Parked / not tracked (7 days to September 12 2021)

Page 54: Episode 1: Industry Status

...but this was not the case for some Asia Pacific operators

cirium.com 54

0%

20%

40%

60%

80%

100%

Pro

port

ion o

f to

tal fleet

Tracked in flight Parked / not tracked (7 days to September 12 2021)

Page 55: Episode 1: Industry Status

For certain legacy aircraft series, less than half of fleet was tracked in flight during seven days to September 12...

cirium.com 55

0%

20%

40%

60%

80%

100%

Pro

port

ion o

f to

tal fleet

Tracked in flight Parked / not tracked (7 days to September 12 2021)

Page 56: Episode 1: Industry Status

...and high proportion of in-active passenger jets were pre-2004 build

cirium.com 56

0

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2017

2018

2019

2020

2021

Num

ber

of

air

cra

ft

Tracked in flight Parked / not tracked (7 days to September 12)

Page 57: Episode 1: Industry Status

Some latest-generation engine series are achieving higher average daily flight hours than in 2019

cirium.com 57

-100%

-80%

-60%

-40%

-20%

0%

20%

40%

60%

% change in tracked 7-day average flight hours vs 2019, at September 12 2021

*Excludes LEAP-1B due to impact of 737 Max return to service

Page 58: Episode 1: Industry Status

Daily estimated block fuel/CO2 has declined more than flight volumes as operating patterns change and airlines favour newer-generation passenger jets

cirium.com 58

-100%

-50%

0%

Change v

s 2

019

Tracked flights Estimated block fuel/CO2 emissions

POC dataset

*Assumes constant passenger/cargo load factors

Page 59: Episode 1: Industry Status

Fleet recovery scenarios

Scenarios derived by Ascend by Cirium, using Cirium Schedules data and Cirium Fleets

Analyzer as the key data sources for monthly capacity and in-service fleets

Capacity (ASKs) factored using IATA’s published global passenger load factor to derive monthly

traffic for Jan 2019 to Feb 2020

Initially, three forward demand & capacity scenarios outlined, corresponding to differing severity of

demand impact, and time to recover to 2019 traffic levels:

Scenario 1: Three month ‘hibernation’ phase, followed by gradual traffic recovery. 2019

traffic level reached by Q3 2021

Scenario 2: Three month ‘hibernation’ phase, followed by faster recovery. 2019 traffic

level reached by Q1 2021

Scenario 3: Up to six month ‘hibernation’ phase, followed by slower recovery. 2019

traffic level not reached until 2023

Subsequently, two additional scenarios constructed in September 2020, which included

assumptions for separate domicile regions:

Scenario 4: Traffic stagnates over winter 2020/2021, then gradual traffic recovery from

Q3 2021. 2019 traffic level reached by 2023-2025, dependent on region

Scenario 5: as per Scenario 4, but faster rebound from Q3 2020

Input assumptions on load factor, single-aisle/twin-aisle capacity split, and aircraft productivity

Outputs are monthly global RPKs, ASKs, and in-service fleet numbers

Definition & data sources

Page 60: Episode 1: Industry Status

Passenger fleet in service is increasing ahead of more optimistic recovery scenario (S5)

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

22000

Aircra

ft in a

irlin

e p

asse

nge

r se

rvic

e

Actual NB fleet Actual WB fleet Total fleet S1 Total fleet S4 Total fleet S3 Total fleet S5

cirium.com 60

Source: Cirium Fleets Analyzer, Ascend by Cirium analysis

Page 61: Episode 1: Industry Status

For more on our latest recovery scenarios visit cirium.com/thoughtcloud...

cirium.com 61

Page 62: Episode 1: Industry Status
Page 63: Episode 1: Industry Status

Questions?

Andrew DOYLE

Senior Director, Market Development – Cirium

15 September 2021Ep 1 - Industry Status 63

Page 64: Episode 1: Industry Status

Aviation Restart, Safely Managing Aircraft Return to Service

Keith FERNANDES

Manager, Fleet Engineering –Virgin Australia

MCTG Vice-Chairman

15 September 2021Ep 1 - Industry Status 64

Page 65: Episode 1: Industry Status

15 SEPTEMBER, 2021

AVIATION RESTART

SAFELY MANAGING THE AIRCRAFT

DE-PRESERVATION PROCESS

KEITH FERNANDESMANAGER, FLEET ENGINEERING

[email protected]

15 SEPTEMBER, 2021

Page 66: Episode 1: Industry Status

Risk Based approach-Unexpected Change and identifying risks

1

Continuing Airworthiness during Parking -Program Adjustments

2

Return to Service Strategies-Phased pathway to safe & efficient return to service

3

SAFELY MANAGING AIRCRAFT RETURN TO SERVICE

Page 67: Episode 1: Industry Status

Project ObjectiveELEMENTS DETAIL ACTIONS

Unexpected Change • The pandemic created conditions of global grounding of worldwide fleet resulting in aircraft instantly parked/stores at locations in as-is conditions

• Inability to enter aircraft into Parking/Storage programs in a suitable environment

• Inability to quickly transition aircraft into Parking programs due to high volume

• Non-availability of consumables / materials to preserve aircraft

Identify associated Risks and introduce effective controls

Update internal processes and associated work instructions to manage rapid change

Continuing Airworthiness Management

• Follow ICAs including OEM approved deviations• Monitor Program changes - AMM / Temporary Revisions / Service Letters / TAs• Ensure effective tracking controls – inspection consistency, transitions in/out of parking,

repeat maintenance intervals

Resource to monitor, validate, and ensure compliance with the latest ICA revisions, re-work of existing task cards

Program Adjustments

• Optimize maintenance frequencies o Engine/ APU runo Operate aircon packs to ventilate cabins & manage relative humidityo Fuel testing / treatments / Biocide – effectively control microbiological growtho Defect Management - early identification and rectification impedes deteriorationo Corrosion (e.g., Engine Lip Skin) , Bird & Insect Nesting preventions

• Parking / Storage location environmental considerations

Customise to local conditions to manage environmental deterioration, damage, defects

Communication • Communicate on key status updates and changes to Parking Programso Deviations/Extensions as published by OEMso Identified program issues, adjustmentso Introduced Optimisations

Establish regular update protocols with key stakeholders ( Regulatory Authorities, CAMO, AMO)

1

3

2

4

Continuing Airworthiness during Parking – preserves C of A / protects valuable assets

Page 68: Episode 1: Industry Status

Return to service

Risks

Consideration of all identified risks/hazards/treatment measures captured in the initial and regular Risk Assessments

Configuration

Configuration controls, compliance with the allowable configuration and actions to address existing gaps – hardware & software configurations

Address any aircraft components / parts removed for off-wing maintenance or storage or robberies (cannibalization)

Maintenance

COVID impacts to AMO - Performance of non-familiar tasks- Training & re-certification

Transport constraints - Material lead times & shipping delays

Lessons Learnt post RTS - Analyse post operation defects and introduce preventative actions- Heavy Maintenance – Corrosion (e.g. Spoiler Cables)

- Landing Gear Scraper rings (Leaks)

KEY CONSIDERATIONS

Page 69: Episode 1: Industry Status

Scheduled

maintenance

De-

Preservation

Optimise

Validate

- Acquit scheduled maintenance- Mandatory Instructions for Continuing Airworthiness (AD / ASB)- Overdue Maintenance / deviations OEM Justification & Regulatory Approvals

1

4

3

2

- De-preservation maintenance instructions per AMM / Service Letters - Open Defects acquittal; robbed parts- Loadable Software updates – NDB, Terrain DB..- Part power engine runs (80%)

- Operational checks – Engine Cowl Thermal Anti-Ice /Bleeds / Isolation & Pack Valves- Lights – Internal/External/Cockpit/Emergency- Cabin readiness; Deep Clean, carpets, furnishing, galley equip, lavatories- External wash

- Maintenance Provider capabilities- Primary & Secondary flight controls incl. Spoilers, Speed brakes, Flaps, Slats- Extensive pre-flight checks – Critical systems & Alternate/Standby systems - Full Thrust Take-off - Verification (shake-down) non-revenue flight

Establish a Safe and efficient pathway for return to service

Page 70: Episode 1: Industry Status

SUMMARY

❑ Comprehensive Risk Assessments to manage unexpected change & de-preservation

❑ Effective Continuing Airworthiness Controls during Parking / Storage / Restoration

❑ Detailed analysis of maintenance requirements - pathway to safe & efficient return to service

❑ Introduce effective monitoring of post RTS reports

❑ IATA Document – Guidance for managing Aircraft Airworthiness for Operators during and Post Pandemic

✓ Input from operators based on experience includes Best Practices and Lessons Learnt

✓ The Safety Risk Assessment template provides a sample of the most common hazards, risks

and mitigation actions.

https://www.iata.org/contentassets/d0e499e4b2824d4d867a8e07800b14bd/iata-guidance-managing-aircraft-airworthiness-during-post-pandemic.pdf

Page 71: Episode 1: Industry Status

Thank you.

Page 72: Episode 1: Industry Status

Questions?

Keith FERNANDES

Manager, Fleet Engineering –Virgin Australia

MCTG Vice-Chairman

15 September 2021Ep 1 - Industry Status 72

Page 73: Episode 1: Industry Status

Useful links

• Maintenance Cost Technical Group

www.iata.org/mctg

• Technical Operations Working Group

www.iata.org/tog

• Safely Restarting the Aviation Industry

73Ep 1 - Industry Status 15 September 2021

Page 74: Episode 1: Industry Status

Thank you!

For more information, please visit

www.iata.org/mcc

Contact

• Chris Markou, [email protected]

• Geraldine Cros, [email protected]


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