Flying Schools in the US - Industry Market Research Report
Description
Flying Schools in the US - Industry Market Research Report
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.
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.
Table of Contents
43 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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