Highs and Lows of Commercial Aviation Economics - Dr Adam Pilarski

What goes up, usually comes down and cycles are called “cycles” for a reason!  Dr Adam Pilarski, Senior Vice President of AVITAS, shares his thoughts on the economic changes in commercial aviation.   Aviation is cyclical; we have to remember cycle means not only up but also down. There will be some negative moments in the coming future. -Dr Adam Pilarski   Takeaways + Tactics  Pay attention to politics. A major reason for the sudden expansion of the industry is government-sponsored programs across the globe.  Accept the cycle. The aviation industry is cyclical, meaning sometimes there will be negative moments. Hard times are inevitable. While it’s easy to think the current boom is positive, be aware that over supply of airplanes will, likely, cause the next industry crash     Guest Bio: Dr Adam Pilarski is a writer, speaker and the Senior Vice President at AVITAS. He holds a BA in Economics, a MA in Development from Tel Aviv University, and a PhD in Economics from the University of Illinois. Dr Pilarski is a well-known academic writer, and is the author of the book, Why Can’t We Make Money in Aviation? Thanks to his experience in the industry, Dr Pilarski is considered one of the foremost experts in aviation, and is the 2013 recipient of the Lifetime Achievement Award by Airfinance Journal.   To find out more about Dr Adam Pilarski, visit https://www.avitas.com/team/adam-m-pilarski-ph-d/ And for his book, head to https://www.amazon.com/Why-Cant-Make-Money-Aviation/dp/0754649113   Learn More About Your Host: Co-founder and Managing Partner for Northstar Group, Craig is focused on recruiting senior level leadership, sales and operations executives for some of the most prominent companies in the aviation and aerospace industry. Clients include well known aircraft OEM’s, aircraft operators, leasing / financial organizations, and Maintenance / Repair / Overhaul (MRO) providers.  Since 2009 Craig has personally concluded more than 150 executive searches in a variety of disciplines. As the only executive recruiter who has flown airplanes, sold airplanes AND run a business, Craig is uniquely positioned to build deep, lasting relationships with both executives and the boards and stakeholders they serve. This allows him to use a detailed, disciplined process that does more than pair the ideal candidate with the perfect opportunity, and hit the business goals of the companies he serves.