How should the aerospace industry address the labor shortage & supply chain concerns?

As the aerospace industry slowly emerges from its Covid-19 slumber, it faces a number of challenges, some of which it was already confronting before the pandemic hit.

Several sector issues were discussed during the 6^th edition of the Global Aerospace Supply Chain Summit in Montreal under the theme, “Reinventing Ourselves in a Post-Covid Era.”

he issues included the decarbonization of the sector, cybersecurity, the digitalization of processes, collaborative innovation strategies with startups, innovative small and medium size enterprises, and strengthening the supply chain. But the biggest challenge is a serious labor shortage, which may make growth prospects difficult for some companies. In fact, a poll taken during the summit, which attracted 500 in-person attendees and a similar number of virtual attendees, revealed 70 percent of respondents listed a labor shortage as their biggest concern.Read more