Global aviation value chain shifted during the pandemic

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Written By Jennifer Joslyn

The aviation value chain refers to the various stages and activities that are involved in the production, distribution, and utilization of aviation-related goods and services. Before the pandemic turned our world upside down, the aviation value chain experienced a financial loss of about $5 billion per year between 2012 and 2019. Airlines were the weakest link in the chain and often were responsible for these major losses. In 2020 and 2021, these losses compounded to staggering amounts - approximately $175 billion in 2020 and $104 billion in 2021.

As the industry moves forward, it is prudent for companies to collaborate and improve their services in order to attract customers and win back trust. By removing inefficiencies in the value chain, a company can boost profitability and meet climate goals by reducing CO2 emissions.

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Jennifer Joslyn
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