Ted O’Byrne, Managing Director, Co-Head of Aviation, Carlyle Aviation Partners In January 2020, Airline Economics in partnership with KPMG, published its annual Aviation Industry Global Leaders Report, which took a general state of the industry based on interviews with a variety of industry leaders. At that time, the industry was focused on the impact of the grounding of the 737 MAX as well as a general slowing in growth and the rise of the climate change agenda. The novel coronavirus, COVID-19, was only just beginning to make headlines and despite the downturn, the market was still awash with liquidity and the future looked

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