ILMA Compoundings - April 2021 - 30
airlines to retain the people who will be
needed when planes are flying again -
although the prospects of further aid
were cloudy as 2021 began.
" Will they have trained people in
place for when recovery happens? "
posed Aboulafia. " If they don't, that's
going to mean higher costs and slower
recovery numbers. If they don't have
the revenue, they have to fire the
30
APRIL 2021
| COMPOUNDINGS | ILMA.ORG
people, and the PPP has been keeping
them from doing that. "
Government and airline players
have tried to compensate - partially,
at least - and keep the industry afloat
through more projects in military and
defense, noted Witthuser.
In the pandemic-era emergence of
overcapacity, aircraft manufacturers
faced " a complete rebalance " of
orders, " said Witthuser. " As a tail of
that, there has been all this supply
chain that suddenly has to scramble. "
Lubricants manufacturers can't
tell aircraft manufacturers and their
suppliers where to invest, he added, but
they can leverage their expertise across
industries to advise on adapting and
optimizing metal-removing processes.
His own company, Blaser Swisslube,
has the advantage of working across
many metal-removal industries, positioning it to advise partner companies
that are thinking of transitioning to the
manufacturing side of another sector
- such as automotive, medical, semiconductors or renewable energy - to
compensate for the aircraft slowdown.
" Things go through cycles sometimes, " he said. " Some businesses
are more cyclic, and some are more
steady. Aerospace is one that has gone
up and up and up, and suddenly you
have this rupture. You have a complete new outlook on aerospace. You
have to find your pockets in aerospace, or you diversify. "
After a decision is made to diversify, Blaser Swisslube can offer the
expertise of its industry specialists
- for instance, a grinding expert
or a medical industry specialist. A
metalworking fluid touches everything
- equipment, tooling and, especially,
the human being.
As businesses " go through evolutions " and adapt to market conditions,
the lubricants manufacturer can act as
a consultant for " informed discussions
on the machining process and also the
applications, " he added.
Doing Business
At Aerospace Lubricants, demand for
aerospace-related lubricants dropped
about 40%, said President Stephen
E. Gates. The slowdown played out
in dips and rises through the year.
The company adapted by increasing
inventory of certain raw and packaging materials. The biggest issue, he
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ILMA Compoundings - April 2021
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ILMA Compoundings - April 2021 - 1
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