Volatility and disruptions have always been two main characteristics of aviation, even though the causes for short-term disruptive events and long-term uncertainty shocks have changed as the industry became more mature over the years.
Surprisingly, disruption planning has mainly focused on short-term events. Uncertainty shocks were neglected, although those rare occurrences hit with a high impact and far-reaching consequences on a supra-regional level, taking the aviation industry a significant period to return to the original state.
But even without a proper preparation, the aviation industry was able to recover from those shocks in the past through flexibility, fast adaption to the new reality, and by relying on the lessons learned from previous crises.
Accordingly, initially the aviation industry tried to resort to proven actions and learnings from past crises to mitigate the impact of COVID-19. But it soon became apparent that this was an unprecedented event and only relying on earlier shocks is insufficient.
The major impact of COVID-19 resulted in a reprioritization of resources, both on the industry’s side and in the research community. It enabled the necessary shift of focus on long-term resilience measures to become economically more sustainable.
Deep Dive on Resilience in the Aviation Industry: Between Resilience for Short-Term Disruptions and Focus on Long-Term Preparedness
Springer Series in Supply Chain Management
2022-09-25
15 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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