Over the five years to 2023, Flight School industry revenue is expected to grow an annualized 2.3% to $4.6 billion, including a projected 4.0% increase in 2023 alone. In 2020, revenue declined due to the adverse effects of the COVID-19 (coronavirus) pandemic on the travel sector, reducing demand for flying schools. As many airlines reduced or halted flights amid the pandemic, they furloughed many employees, including pilots. This measure negatively pressures th'/e industry as fewer students enroll at flight schools with low job prospects. However, as the pandemic subsides and travel restrictions are lifted, industry revenue has rebounded strongly.Taking off: Rebounding air travel and regulatory changes are expected to support revenue growth
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
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ATP Flight School LLC
- Cae Inc.
- Flightsafety International Inc.
Methodology
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