
COVID-19 … impact on MRO business
The COVID -19 global pandemic is hurting industries from retail, industrial, airlines and many others. Recently, People-Assetz has provided consulting services to a client to evaluate the impact of COVID-19 on MRO (Maintenance, Repair and Overhaul) business. For many segments ex. Industrial, aviation this is a key business that generates high margins and cash. Typically, service jobs are short term in nature that generate revenue and cash in a relatively short period of time.