Market Overview

Boeing Forecasts 1M New Pilots and Technicians Needed in Aviation Industry

Boeing (NYSE: BA) projects the commercial aviation industry will need more than one million new pilots and technicians to support the expanding demand for new airplane deliveries over the next two decades. Projected pilot demand is increasing worldwide, as is demand for technicians in some regions.

Today, at an event marking the launch of 787 flight training at the Boeing Flight Services campus in Miami, the company released the 2013 Pilot and Technician Outlook -- a respected industry forecast of aviation personnel. 

The Boeing outlook indicates that by 2032 the world will require:

498,000 new commercial airline pilots
556,000 new commercial airline maintenance technicians
"The urgent demand for competent aviation personnel is a global issue that is here now and is very real," said Sherry Carbary, vice president of Boeing Flight Services. "The key to closing the pilot and technician gap in our industry is enhancing our training with the latest, cutting-edge technologies to attract and retain young people interested in careers in aviation."

The 2013 outlook projects significant increases in pilot demand -- compared to previous forecasts -- in all

See full press release

Posted-In: News Guidance Financing Contracts Asset Sales Management M&A Global

 

Most Popular

Related Articles (BA)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free