Subject category:
Entrepreneurship
Published by:
San Telmo Business School
Length: 8 pages
Data source: Field research
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Abstract
This is a Spanish version. This is part of a case series. Six months after the start of the pandemic, Aertec, a Spanish company in the aeronautical sector, closes its fiscal year in August 2020 with a drop in turnover of EUR3.5 million compared to the previous year and with red numbers. The environment had changed drastically, the upward curve forecast by the experts for the next 10 years, with a forecast volume of 22,000 aircraft and whose reduction was between 50 and 70%, with the consequent implications in the sector, affects the company. Aertec had been forced to get down to work to remake its plans for the future, based on information compiled from the most professional sources in the sector.
Time period
The events covered by this case took place in 2019-2022.Geographical setting
Region:
World/global
Country:
Spain
Location:
Málaga
About
Abstract
This is a Spanish version. This is part of a case series. Six months after the start of the pandemic, Aertec, a Spanish company in the aeronautical sector, closes its fiscal year in August 2020 with a drop in turnover of EUR3.5 million compared to the previous year and with red numbers. The environment had changed drastically, the upward curve forecast by the experts for the next 10 years, with a forecast volume of 22,000 aircraft and whose reduction was between 50 and 70%, with the consequent implications in the sector, affects the company. Aertec had been forced to get down to work to remake its plans for the future, based on information compiled from the most professional sources in the sector.
Settings
Time period
The events covered by this case took place in 2019-2022.Geographical setting
Region:
World/global
Country:
Spain
Location:
Málaga