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SOMETIMES A PERSON MUST CRACK open a very old book to learn what the future holds. To better understand what lies ahead for the commercial aerospace business, it is useful to call upon an ancient story: the Greek myth of Sisyphus. Recall that Sisyphus was a mortal doomed by Zeus to forever roll a huge rock up a hill, watch it roll down and then do it all over again. Fast forward to the post- pandemic recovery that is taking root even as the COVID-19 contraction continues, and you have an idea of what lies ahead for aerospace manufacturing. "People see the contraction as the difficult part in aerospace, but really the hard part is ahead of us with the rate increases," says consultant Alex Krutz of Patriot Industrial Partners. Analysts and advisors continue to believe an overall return to 2019 levels of pre-pandemic business activity is 3-5 years away. In recent annual financial teleconferences, aerospace executives did little to alter that outlook. To be certain, optimism is building that 2021 will be better than 2020 and that by 2022 a recovery will be well underway in commercial air travel, manufacturing and the aftermarket. But like a light at the end of a tunnel, the gleam remains distant, and the darkness stretches ahead inconclusively.
机译:有时一个人必须破解一本非常古老的书,以了解未来的持有。为了更好地了解商业航空航天业务的前方,呼吁古老的故事是有用的:塞西巴斯的希腊神话。回想一下,塞西巴斯是宙斯注定的凡人,永远滚动一座巨大的摇滚山,看着它滚下然后再做一次。即使在Covid-19萎缩持续存在的情况下,快速转向大流行的恢复,即使是Covid-19萎缩,你也会了解航空航天制造业的内容。 “人们认为收缩是航空航天困难的困难,但真的很难超过我们的速度增加,”爱国者工业伙伴的顾问Alex Krutz说。分析师和顾问继续相信2019年大流行前商业活动的总体返回率为3 - 5年。在近年来的年度金融期间,航空公司的高管们几乎没有改变该前景。要确定,乐观主义是建立2021年将优于2020年,到2022年的恢复将在商业航空旅行,制造和售后市场进行。但像隧道尽头的光一样,闪光仍然是遥远的,并且黑暗不确定地延伸。

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