Over the five years to 2017, changing regulatory framework and a growing disinterest in aviation as a profession muddled the industry's performance despite a growing economy. While the new 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. Over the next five years, the Flight School industry is projected to grow. As the economic recovery accelerates, per capita disposable income is expected to expand, as are corporate profit levels. 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.