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Communique No. II-23.2.B on Amendment of the Communique on Merger and Demerger No. II-23-2 (“Amending Communique”) entered into force  on May 30, 2020. By virtue of the Amending Communique, the public companies whose controller is a public institution or organization shall be exempted from several requirements arising from the Article 12 of the Communique on Merger and Demerger No. II-23-2 (“Communique No. II-23-2”).

Through the spread of the COVID-19 pandemic, the aviation industry was hit the hardest amongst others due to strict measures enforced by the public authorities and eventually, slump in demand amongst passengers. Whilst aviation was quoted as “an amazing industry” and “freedom” prior to COVID-19, with the surge of the pandemic, the industry has experienced a rapid slowdown and been dragged into a tremendous freeze.

Government aid especially in aviation has always been the hot topic but nobody expected that such would be the sole way-out to overcome this unprecedented situation for many. Since the beginning of the COVID-19 outbreak, the catastrophic atmosphere has spread and thus, air transport has most probably experienced the longest shut-down and the biggest crisis in its history.

3D Printing has evolved from a merely hobbyist and scientific use to industrial manufacturing over the last 30 years. This novel manufacturing method allows innovation-intensive companies to reduce their overheads when developing, designing or testing new products or improving existing ones. Without having to pay for prototypes, manufacturers can rapidly and cheaply undertake multiple iterations of complex elements in-house using 3D printers.

3D Printing has evolved from a merely hobbyist and scientific use to industrial manufacturing over the last 30 years. This novel manufacturing method allows innovation-intensive companies to reduce their overheads when developing, designing or testing new products or improving existing ones.

There are some rules which are not always contractual in the usual sense of defense contracts such as secrecy which refers to a weakness when revealed in this highly competitive market.