About this episode
Airlines and Dinosaurs… Fighting off extinction! How does the industry rebuild? With so much uncertainty, it will be difficult to plan a way forward, but it’s not all doom and gloom – people WILL want to travel again. We just have to figure out how to stay afloat until demand fully returns. Leasing industry veteran and CEO / Chief Investment Officer at Warbird Capital LLC, Nick Pastushan joins me to discuss the future of aviation in a time of uncertainty. Think of it like this: COVID-19 is like the asteroid that knocked out the dinosaurs. All parts of our industry’s ecosystem are at risk. -Nick Pastushan Three Things Nick and I Discuss: The aviation industry will take flight, but we have to be prepared for intense restructuring to get us through “to the other side.” OEMs should take this time to go into hibernation. Even with all the skills and tools to keep producing, it’s a good idea to put a pause on operations until there’s more clarity in the industry. Once borders reopen, consumers may be hesitant to board flights. But, they will still want to see the world! 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. Guest Bio Nick Pastushan is the Founder, CEO and Chief Investment Officer at Warbird Capital LLC. Prior to this, he was the Chief Investment Officer and Chief Credit Officer at CIT for over 10 years. Nick holds a Bachelor of Science from Rochester Institute of Technology. To find out more about Nick, visit: https://www.linkedin.com/in/nicholas-pastushan-b954a510