This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Boeing Forecasts Growing Need For New Pilots In Asia Pacific Region

SINGAPORE, Sept. 15, 2013 /PRNewswire/ -- Boeing [NYSE: BA] projects the Asia Pacific region will continue to lead the globe in demand for hundreds of thousands of new commercial airline pilots and maintenance technicians to support expanding demand for new airplane deliveries over the next two decades.

The 2013 Boeing Pilot & Technician Outlook, a bellwether industry forecast of aviation personnel demand, calls for 192,300 new commercial airline pilots and 215,300 new technicians in the Asia Pacific region through 2032.

"There is a very real, urgent demand for competent aviation personnel globally, and the Asia Pacific region is particularly impacted," said Bob Bellitto, global sales director, Boeing Flight Services. "While Boeing is investing in cutting-edge technologies to attract and retain young people interested in careers in aviation, this is an industry-wide issue that can only be solved with industry-wide solutions."

Leading the region in projected demand for new pilots and technicians:
  • China – 77,400 pilots and 93,900 technicians
  • Southeast Asia – 48,100 pilots and 50,300 technicians

Other parts of the region will also continue to see long-term demand in the tens of thousands of pilots and technicians:
  • Southwest Asia will need 30,900 pilots and 28,500 technicians
  • Northeast Asia will need 18,500 pilots and 25,500 technicians
  • The Oceania region will need 17,400 pilots and 17,100 technicians

"Aviation is a great field to be in. We have a responsibility to make sure it's a viable career option for the world's youth," said Bellitto. "Tomorrow's aviation workforce is going to be very different than their present-day peers. We need to focus on their expectations for learning, moving away from paper and chalkboard-based techniques to incorporate tablets, eBooks, gaming technology and three-dimensional models."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs