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This is the second of a series of articles which focus on managerial challenges in the aviation and aerospace industries. The following brief scenario / case study which is meant to illustrate the problems associated with succession planning, career development and a changing workforce.
This case study and analysis was written by Rod Hayward, an Associate Professor in the BBA AV (Bachelor of Business Administration in Aviation) programme at the University of the Fraser Valley.
Insurance is fundamentally about providing financial stability, so it is extremely important to have and to understand. This is especially true for those of us in aviation because of our industry’s high severity of losses, and even occasional fatalities.
In the last year and a half Aviation has been heavily impacted by the pandemic and subsequent grounding of the global fleet. Something else happened during this time, there was a sharp increase in the number of cyber incidents.
A new corporation has been created to focus on supporting the aviation and aerospace industry to prepare the future workforce.
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