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TheStreet Open House

Boeing Forecasts Increased Global Demand For Airline Pilots

MIAMI, Aug. 29, 2013 /PRNewswire/ -- 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 regions except Europe, which declined slightly over last year's outlook. Overall, the demand is driven by steadily increasing airplane deliveries, particularly single-aisle airplanes, and represents a global requirement for about 25,000 new pilots annually. 

Global demand for technicians remains significant, at approximately 28,000 new technicians required annually. However, the introduction of more efficient and smarter airplanes will require fewer mechanics over time, as aging aircraft—which typically require more maintenance—are retired from service. New airplane technologies featuring more advanced components are likely to lead in some areas to lower maintenance requirements and corresponding lower technician demand.  

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