So I'd like to know then, how can Velo help organisations bridge that gap between where they are currently and then also them becoming a trusted supplier in the aerospace and defence industry?

Yeah, I think it's key just to understand firstly, that the defence investment plan is being released as of today.

And so it's been going on for the last year or so, meant to be released, and it hasn't.

But Sir Keir Starmer has just announced that £80 billion worth of spending in defence specifically needs to be achieved by 2029, and that's year on year.

And as such, an additional £15 billion in spending is coming this way for aerospace and defence.

So the time to act on this is now.

There's never been a better time to... break into the aerospace and defense market and so the way in which we can facilitate that are through the standards that we're qualified in to support our clients achieving certification so as9100 for the quality management system for aerospace and defense as9110 for maintenance repair and overhaul and as9120 for storage and distribution into the aerospace and defense supply chain And in order to facilitate that, there are additional accreditations and certifications.

So I'm just wondering then, what can a customer expect if they were to choose to work with ALO?

How much is air travel currently being affected by the impact of wars?

wars?Well, Caroline, the airline industry is grappling with a more than doubling in fuel costs, and the, the counting of that cost is resulting in multiples of billions in higher fuel bills.

And right now we've only seen a fraction of that, uh, be reported by the airline industry through at least one month of earnings that has filtered through.

But it's now into the second and the third quarter where we are seeing the volatility and the surge in jet fuel costs, which is absolutely wrecking airline balance sheets across the piece.

And in particular, when you see airlines grappling with higher fuel costs, they are now thinking about how they can mitigate those losses, in particular having to cut the number of flights they operate because simply there are flights out there which are just not profitable.

So there is a balance to be bought between operating profitably and being, uh, being generally, you know, conservative in how they approach this, this ongoing war we have seen, uh, stretching into almost three months now.

And this is a challenge for airlines.

If you look at, you know, surveys of, of consumers, what are we actually seeing in terms of ticket prices?

How much is air travel currently being affected by the impact of wars?

Well, Caroline, the airline industry is grappling with a more than doubling in fuel costs and the, the counting of that cost is resulting in multiples of billions in higher fuel bills.

And right now we've only seen a fraction of that, uh, be reported by the airline industry through at least one month of earnings that has filtered through.

But it's now into the second and the third quarter where we are seeing the volatility and the surge in jet fuel costs, which is absolutely wrecking airline balance sheets across the piece.

And in particular, when you see airlines grappling with higher fuel costs, they are now thinking about how they can mitigate those losses, in particular having to cut the number of flights they operate because simply there are flights out there which are just not profitable.

So there is a balance to be brought between operating profitably and being, uh, being generally, you know, conservative in how they approach this, this ongoing war we have seen, uh, stretching into almost three months now, and this is a challenge for airlines.

How do they grapple with a surge in fuel costs? And, you know, when they have to pass on, the airlines have to pass on, uh, the costs onto customers, how much are passengers willing to bear? And this is a challenge for airlines to figure out, and particularly if you're a low-cost carrier where you are trying to stimulate demand with lower prices-

If you look at, you know, surveys of, of consumers, what are we actually seeing in terms of ticket prices?

How much is air travel currently being affected by the impact of wars?

wars?Well, Caroline, the airline industry is grappling with a more than doubling in fuel costs, and the, the counting of that cost is resulting in multiples of billions in higher fuel bills.

And right now we've only seen a fraction of that, uh, be reported by the airline industry through at least one month of earnings that has filtered through.

But it's now into the second and the third quarter where we are seeing the volatility and the surge in jet fuel costs, which is absolutely wrecking airline balance sheets across the piece.

And in particular, when you see airlines grappling with higher fuel costs, they are now thinking about how they can mitigate those losses.

In particular, having to cut the number of flights they operate because simply there are flights out there which are just not profitable.

So there is a balance to be brought between operating profitably and being, uh, being generally, you know, conservative in how they approach this, this ongoing war we have seen, uh, stretching into almost three months now, and this is a challenge for airlines.

If you look at, you know, surveys of, of consumers, what are we actually seeing in terms of ticket prices?