The aviation industry has, for some time, been grappling with significant workforce shortages, including pilots and mechanics.
Aside from the potential impacts on both business and personal travel, this shortage of human capital can also disrupt global supply chains, and make disaster response and recovery efforts more challenging.
In this episode of Risk in Context, Andy James, who leads Marsh’s Aviation Operational Advisory team, speaks with Geoff Murray, a partner in Oliver Wyman’s Global Aviation team, and Geoff Smith, a partner and Gulf Coast Office leader at Mercer, about the current challenges, how they are impacting organisations within the industry, and actions to address and minimise risk both in the short- and long-term. We also hear from Greg Wyght, a senior vice president within Marsh’s Aviation Practice, about the shortage of pilots in the rotary sector, and how this can impact the oil and gas industry, as well as firefighting operations.
Aviation Operational Advisory Lead, Marsh UK
United Kingdom
Andy James leads Marsh’s Aviation Operational Advisory team, working alongside the aviation broking and advisory teams. He has more than 30 years of operational aviation experience, flying as a helicopter pilot in the British Army for 11 years, followed by 21 years as a commercial pilot and instructor.
Senior Vice President, Aviation, Marsh Specialty
Canada
Greg Wyght is a senior vice president within Marsh’s Aviation Practice. Based in Canada, he has more than 35 years of aviation experience in operations, safety management, and training, including 15 years as a line pilot in forest fire suppression, HEMS, utility, and offshore and two decades of executive-level experience overseeing, among others, flight operations and safety management systems.
Partner, Global Aviation team, Oliver Wyman
Geoff Murray is a Partner on Oliver Wyman’s global aerospace sector team and has more than 18 years of consulting experience in the transportation industry. Based in Chicago, he works with OEMs, suppliers, and investors, advising on strategic issues, including aftermarket growth, organisational design, and mergers and acquisitions. He also holds an airline transport pilot certificate and began his aerospace career as an original member of the McDonnell Douglas T-45A Goshawk experimental flight test team.
Partner, Gulf Coast Market Leader, Mercer
Geoff Smith is Mercer’s Gulf Coast Office Leader and a Partner with the firm. He is responsible for developing insights and a deeper understanding of the human capital needs across industries. He leads several key global relationships in addition to being responsible for developing consulting talent for the market. He has more than 25 years of experience consulting with clients on the HR strategy, administration and delivery of HR and reward programs across multiple industries.
