A Review of Malaysia's Aerospace Manufacturing Post-COVID19 Pandemic Using Michael Porter's Five Competitive Forces Model

Abstract

Developing a team of business risk assessors in pursuit of establishing an aero- manufacturing company is necessary in producing desired outcomes. Quantitative assessment had proven to be reliable and accurate, however this comes with a cost. Therefore, this paper attempts to discuss the elements of risks and threats involved in establishing an aero-manufacturing business post COVID-19 pandemic, in a qualitative manner. It acts as a preliminary report, and a qualitative review of existing literatures related to the airlines and aerospace industry. The risks and threats data and justifications are then categorized and compiled according to Michael Porter's Five Competitive Forces Model (FCFM) in an attempt to visually map the threats and risks involved with the business, either directly or indirectly. Based on the discussion, the overall impact is structured into a comprehensive table which will give interested parties an overall view of the assessment.