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AE285 Engineering Seminar: COVID-19: How the Aerospace Ecosystem Went Into Hybernation Mode

Friday, September 11, 2020
1:30-3:00 PM
Off Campus Location
Mike Stengel
Senior Associate
AeroDynamic Advisory

The aerospace industry is no strangers to crises, be it economic downturns, oil price shocks, geopolitical events, or acts of terrorism. The industry has also faced outbreaks of disease as well, but COVID-19 has posed the most challenging circumstances in the entire history of the business. How did the industry respond in the wake of growing cases? How have airlines shifted into “survival mode” and what measures have they taken? How long is this hibernation period sustainable? What are the impacts on suppliers to airlines, like manufacturers and maintenance providers? What’s the outlook for the recovery, and what could the industry potentially look like on the other side? What does this mean for students looking to enter aerospace? What opportunities will arise, and which avenues will become more difficult? In this seminar, AeroDynamic Advisory Senior Associate Mike Stengel will outline the series of events that have characterized the COVID-19 outbreak, and the outlook for the aerospace industry.

About the speaker...

Mike Stengel is a Senior Associate at AeroDynamic Advisory and self-proclaimed aerospace industry geek. Over his consulting career, Mike has gained experience in over 50 client engagements focusing on strategy, market analysis, M&A/due diligence, technology, and customer satisfaction. Key clients that Mike has worked with have included aerospace manufacturers, airlines, maintenance providers, investors, and government agencies. Mike graduated from the University of Michigan with a BS in Aerospace Engineering, and is an FAA-licensed commercial pilot.
Building: Off Campus Location
Location: Virtual
Event Type: Class / Instruction
Tags: Aerospace, aerospace engineering
Source: Happening @ Michigan from Aerospace Engineering