I Want Answers!
Which program are you interested in?
Which campus are you interested in?
What's your first name?
What's your last name?
Please provide a valid email address.
Please provide a valid phone number.
Please provide a your zip-code.
What year did you Graduate?
How Did You Hear About MIAT?

The Growth of The Airline Industry: An Aviation Mechanics Guide

aviation-maintenance-tech

The global aviation industry is booming. The International Air Transport Association (ATA) believes that the airline industry’s profits will reach up to 38.4 billion US dollars in 2018. In the next 20 years, the number of airline passengers is expected to grow at a compound annual growth rate (CAGR) of over 4 percent. The increase in passengers and airplanes means a demand for additional airline personnel including aviation mechanics.

The United States is the second fastest-growing market in terms of annual additional passengers in the next 20 years, according to the International Air Transport Association (ATA). The North American region also will grow by 2.3 percent annually and in 2036 will carry a total of 1.2 billion passengers, an additional 452 million passengers per year.

Reasons for Aviation Mechanic Shortage

There are many different reasons for the shortage in quality aviation mechanics. In the next 20 years there will be an increase in passengers and demand for aviation mechanics. A large percentage of the workforce will retire, leaving a shortfall of qualified aviation mechanics. The options will continue to increase for those getting an aviation mechanic diploma to take positions as wind turbine technicians and other types of mechanics. The technological sophistication of airplanes will increase as a modern fleet of airplanes begins to replace outdated aircraft. Lastly, there will be an expansion in the aviation market with an increase in income spent on air travel, new routes, and an increase in the number of first-time flyers.

Increase in passengers: The number of passengers is expected to increase to 4.3 billion in 2018, according to the ATA. Passenger traffic is also expected to rise 6 percent. More passengers mean more aviation professionals will be needed to service those passengers and more aviation mechanics will be needed to maintain the airplanes.

Increasing demand: Over the next two decades, nearly 120,000 new commercial aviation maintenance technicians will be needed in North America alone. By 2036, an estimated 648,000 will be needed worldwide. Oliver Wyman’s 2017 maintenance, repair, and overhaul (MRO) survey suggests that the gap between the demand and supply of aviation mechanics in the US will develop by 2022 and reach a peak of 9 percent by 2027.

Aging workforce: The median age of aviation mechanics is around 50 years old, which means many will retire in the near future, leaving a demand for qualified aviation mechanics.

The number of mechanics retiring will outpace those entering the profession. While a large percentage of the workforce is at or near retirement age, new entrants make up only a small percentage of the workforce population yearly.

Choice of jobs: Many students who train to become aviation mechanics choose careers in other industries. Why? Aviation technology is used not just in planes but across several other industries as well. Similar turbine engines, for example, are used in wind turbines, race cars and boats. Overall, the aviation mechanic workforce is struggling to maintain a qualified labor force to meet growing global demand.

Modern fleet: The Oliver Wyman forecast shows that the worldwide fleet will total 37,978 aircraft by 2028, up from the 2018 total of 26,307. By 2028, 55 percent of the fleet will have been designed and built after 2000, which means they will have advanced systems, materials, and components that keep operating costs down.

With this, airlines will gradually retire older, less fuel-efficient models. By 2028, more than 36 percent of the fleet will consist of aircraft built in 2010 or later, which will be equipped with advanced sensors, data collection, analytics, and autonomous functions. More advanced airplanes with advanced technologies will mean a greater need for highly qualified aviation mechanics that have been taught to work on a wide variety of airplanes, helicopters, and wind turbines.

Market expansion: The 2017 Airbus Global Market Forecast says that over 2017-2036, expanding tourism, industry liberalization, rising disposable income spent on air travel, new routes, evolving airline business models, and increasing numbers of first-time flyers will drive the need for 34,170 passenger and 730 freighter aircraft.

The Asia/Oceania region, the largest aviation market in the world, represents more than one-third of the world’s capacity. This region may also experience shortage in aviation mechanics. Should it be difficult to train the technicians there, aerospace manufacturers and suppliers may have to provide aviation mechanics from other countries, such as the US.

Ready to learn more about becoming an aviation mechanic? The Aviation Maintenance programs from MIAT College of Technology provides the hands-on training, practical experience and industry support it takes to pursue a rewarding technical career.

To learn more about the Aviation Maintenance programs and to explore if MIAT is right for you, fill out the form on this page. Contact us if you are interested in becoming an aviation maintenance technician today.

For important information about the educational debt, earnings, and completion rates of the students who attended this program, visit the following disclosure links:

Aviation Maintenance Technology Program Gainful Employment Disclosure – Canton

Aviation Maintenance Technology Program Gainful Employment Disclosure – Houston

MIAT College of Technology is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).

×