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Flying Schools  in the US - Industry Market Research Report

Flying Schools in the US - Industry Market Research Report

  • November 2018
  • 33 pages
  • ID: 5103869
  • Format: PDF
  • By Ibisworld

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Flying high: Rebounding air travel and regulatory changes will benefit industry operators

Abstract

Flying Schools
Over the five years to 2018, changing regulatory framework and a growing disinterest in aviation as a profession muddled the industry’s performance despite a growing economy. As of 2013, all individuals pursuing an Airline Transport Pilot certificate, which is required to become a copilot or captain, must log a minimum of 1,500 flying hours. While this regulation is expected to improve pilot safety, major regional and commercial airlines contend that it adds a significant barrier to entry for would-be aviators, exacerbating the pilot shortage crisis. As commercial airlines have continued to cut costs by combining flights and the occupation has grown more competitive, those considering flight school have been less likely to enroll. Over the five years to 2023, the Flight School industry is projected to grow.. As per capita disposable income and corporate profit levels expand, both domestic and international trips are anticipated to increase. However, heavy competition in downstream industries, such as commercial airlines, will deter some from pursuing a career as a pilot.

This industry provides aviation and flight training for vocational and recreational purposes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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