Nearly 18 Months On From The Onset of COVID-19, What‘s The REAL Value of Our Industry Today? w/Richard Spaulding

Pre-pandemic, the sky was blue and everything was rosy. Value was high, people were paying a ton for airframes, and aerospace was booming. Fast-forward to 2021, however, and the world as we knew it has changed. The question is, how has that impacted the value of airplanes as a whole? How will the legacy of travel restrictions continue to impact our industry both now and in the future? In this episode, President of Universal Asset Management, Richard Spaulding shares his outlook on the state of our industry. "As long as manufacturers keep on thinking there's a market there and that planes continue to fly, the can gets kicked down the road." -Richard Spaulding Three Things You’ll Learn In This Episode How the pandemic is impacting newer assets New aircrafts are rolling off the assembly line, but where are they going? What parked planes mean for the market What will being parked mean for the value of airplanes, once they are eventually monetized? What to expect once the world re-opens International travel restrictions have had massive repercussions for our industry. Once those are inevitably lifted, where will the biggest opportunities lie? Guest bio- Richard Spaulding is the President of Universal Asset Management. An industry veteran, Richard is revered in the industry for his innovative thinking and strong business savvy, as well as his extensive experience in aircraft acquisitions and portfolio management. To find out more, go to: https://www.uaminc.com/ https://www.uaminc.com/about/leadership https://www.linkedin.com/in/richard-spaulding-81732017 Or email him directly on rspaulding@uaminc.com 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.