4th March 2021 7:00 am 3rd March 2021 9:55 am
Pete Griffiths, Market Head Aerospace at Ricardo Performance Products, sets out the challenges and opportunities for the aviation sector in the wake of the global pandemic.
The aviation industry is facing the biggest challenge in its history. Commentators have identified that despite this, the industry does have an unprecedented opportunity to ‘bounce back greener’. However, for a sector that in its early years developed innovative technology at pace, the aviation industry today faces significant challenges industrialising innovation and introducing new products.
Aerospace original equipment manufacturers face three key challenges. First, many engineering companies are unable to manufacture components with the tight tolerances required for use in airframes or engines: the investments required in inspection and quality procedures to meet the requirements of the aerospace industry are significant. In
Hospitality group calls for urgent cash to avert widespread shutdowns
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Australiaâs peak restaurant body has accused the Andrews government of moving too slowly to provide financial relief after Victoriaâs snap lockdown and says without immediate grants of at least $5000 some businesses will close for good.
With the end of the month fast approaching, Restaurant & Catering chief executive Wes Lambert warned rent was due for businesses which had already just lost the rare weekend âtriple whammyâ of Valentineâs Day, Chinese New Year and the Australian Open tennis while Victoria was locked down for five days.