KBRA Releases Research – Aviation Sector Outlook One Year Into the Pandemic
Kroll Bond Rating Agency (KBRA) releases its outlook on the corporate aviation sector and examines notable events and trends one year into the COVID-19 pandemic.
- Kroll Bond Rating Agency (KBRA) releases its outlook on the corporate aviation sector and examines notable events and trends one year into the COVID-19 pandemic.
- While all segments of global aviation faced headwinds due to COVID-19, airlines, as the operators of passenger aircraft, have borne the brunt of it.
- While most airlines have tried to avoid bankruptcies, several have filed for debt restructuring and, in some cases, outright liquidation.
- Aircraft leasing companies efforts to work through a wave of deferral requests as airlines sought relief from lease payments.