How COVID-19 Has Affected Buying and Selling Aviation Parts Online

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It’s not likely that any industry is going to be able to escape some level of economic damage at the hands of Coronavirus (COVID-19) pandemic. With the world’s economy completely stalled, there is very little businesses can do to get things rolling again until government agencies loosen restrictions. At that point, the economic recovery will be dependent on when customers are ready to start participating in economic activity again.

 

With nation after nation and state after state in lockdown mode, people are limited to buying nothing more than essentials. That doesn’t bold well for the aviation industry, which finds itself caught in the whirlwind of no business activity. Currently, the airlines are operating at a fraction of normal capacity while the charge flight industry sits on hold in many areas.

 

To better understand the depth of this issue for the aviation industry as a whole, here are five ways the COVID-19 pandemic is affecting the buying and selling of aviation parts.

 

1. Supply Chain Interruption

 

With the current lockdown in full force, it has become very difficult for manufacturers to arrange for the shipment of goods. For the aviation industry where most parts need to be shipped long distances after purchase, there are very few transportation resources available to get purchased goods from point A to point B. Knowing this leaves aviation mechanics reluctant to even try to purchase parts until the lockdown has subsided.

 

In an ironic twist, a lot of aviation parts are moved via air travel. With nonessential transportation on hold, aviation parts manufacturers are having to depend more on other modes of parts delivery.

 

2. Restriction on Nonessential Buying

 

In areas where aviation part stores do exist, there’s a very different challenge. A lot of national and state government agencies have put merchants that sell nonessential goods on the back burner. Aviation parts are only essential to airlines, charter flight companies, and private owners. With many airports severely restricted at this point, no one in government has an eye on what’s happening in the aviation industry. This is likely to remain the case until there’s a lifting of restrictions on nonessential air travel.

 

3. Lack of Flight Demand

 

Nonessential flying is in shutdown mode in the US and most major countries throughout the world. If airplanes aren’t flying, parts don’t need replacing. If parts don’t need replacing, it’s very unlikely that the airlines and charter flight companies will see this as an opportunity to stock up on aviation parts. If there is flying activity and someone does need parts, they are likely focusing on purchasing only the parts that are deemed necessary at this time.

 

4. Customer Lack of Financial Resources

 

The COVID-19 pandemic has caused a great deal of economic damage to both individuals and companies. With everyone struggling to create cash flow, it’s becoming a real challenge for relevant individuals and companies to come up with the financial resources to purchase aviation parts, even the ones they need.

 

This will likely remain a problem until normal business activity resumes. Everyone is going to be keeping an eye on cash flow and flight demand. Until then, there’s a good chance the charter flight industry and private plane owners will put off purchasing aviation parts as long as possible.

 

5. Slow Down of Manufacturing

 

With less demand and more restraints on cash flow, a lot of aviation parts manufacturers have cut way back on production. In some cases, companies are shuttered until employees can travel to work every day. This slow down in aviation parts manufacturing will likely affect the availability of some parts where there’s low demand.

 

To anyone reading this information, it should be clear that the aviation industry as a whole is suffering due to the COVID-19 pandemic. The good news is government agencies are starting to look at reopening the door to economic activity. At some time soon, the demand for aviation parts should return to normal.

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