John Schmidt

John Schmidt, leader of Accenture's Global Aerospace and Defense Practice, shares insights into the commercial aerospace industry's surprising growth. Despite delivery downturns, industry revenues are expected to rise. The Asia-Pacific market has rebounded dramatically, fueled by customer traffic and investment. MRO services are pivotal in enhancing resilience and operational longevity. Challenges like supply chain disruptions and labor unrest are addressed, but optimism prevails due to advancements in digital transformation that promise to overcome these hurdles.