In June, the company surveyed 65 companies in the middle market of the commercial aviation supply chain.
FREMONT, CA: Specialized provider of investment banking services to the middle market of the global aerospace and defense industry, Alderman & Company, published the results of a recent proprietary survey highlighting the growing liquidity crisis in the commercial aviation industry. In June, the company surveyed 65 companies in the middle market of the commercial aviation supply chain. These companies included but were not limited to manufacturers, distributors, and service providers such as maintenance and repair.
Some of the key findings of the survey were:
- Airline passenger traffic is not expected to return to pre-pandemic levels until 2022.
- Suppliers are looking to cut expenses ahead of future declines.
- Financing for suppliers is not expected to come from banks.
"We wanted to get at the heart of both the micro and macro-economic issues industry stakeholders and government officials are facing in light of COVID-19," said Alderman & Company CEO, Bill Alderman. "The pandemic has caused the most significant downturn in the history of commercial aviation and we want to help companies within the supply chain pivot to cope."
This latest survey, titled Impending Crisis, is the second in a series of surveys that the company plans to conduct to identify the pandemic's impact on the commercial aviation industry supply chain.
Alderman & Company was founded in 2001 and is a specialized investment bank that exclusively provides sell-side M & A advisory services to middle-market companies within the global aerospace and defense industry. The company's clients include family-owned enterprises, microcap public companies, divisions of large corporations, and portfolio companies of private equity firms. Alderman & Co.'s services are built on comprehensive industry knowledge and years of process expertise providing business owners value-maximizing solutions for exiting their businesses.