The COVID-19 pandemic has had enormous negative impacts on the aviation industry. The number of seats offered by commercial airlines has halved through 2020 compared to previous years while gross operating revenues for airlines are anticipated to have fallen almost 400M USD by the end of the year. While survival has been the fundamental objective for many in the industry, the community has also identified the current circumstance as an opportunity for positive change. In these times of flux, new operational models or approaches can be more easily trialed. While some innovations might seek to deal directly with COVID-related challenges, others entail examination of more general improvements. For individual parties, innovation can provide for competitive differentiation. For the community as a whole, meanwhile, innovation as a means to build back better should provide for more sustainable growth of the aviation industry as the pandemic subsides. This panel was broadcasted live in the following time zones: Montreal, Lima and Mexico City.