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Light Weight Training Aircraft Market Analysis PDF

Added on - 25 Jan 2022

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LIGHT WEIGHT TRAINING
AIRCRAFT MARKET ANALYSIS
Table of Contents
Chapter 1....................................................................................................................................................2
Market Overview...................................................................................................................................2
Expected aviation growth........................................................................................................................3
Key Market Trends..................................................................................................................................4
Chapter 2....................................................................................................................................................5
Training Schools in France and Europe...................................................................................................5
Flying Clubs in France.........................................................................................................................6
Aviation Colleges in USA.......................................................................................................................7
Chapter 3....................................................................................................................................................9
Competitive Landscape.........................................................................................................................9
Major Players.....................................................................................................................................10
Recent Developments........................................................................................................................10
Recommendations for Pilot Training by ICAO.................................................................................10
Application........................................................................................................................................11
Concerns............................................................................................................................................11
Training and Practice.........................................................................................................................12
References................................................................................................................................................13
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Chapter 1
Market Overview
Light-weight aircraftis defined as an aircraft (other than a helicopter or powered-lift
aircraft) that has a maximum takeoff weight of under 1,320 pounds (~600 kg). Light Weight
Aircraft usually has single or two seats.
The light aircraft market was valued at USD 956.44 million in 2020, and it is expected to reach a
market value of USD 1,311.27 million by 2026.
The COVID-19 pandemic has disrupted the civilian demand for activities related to Light
Aircraft, in 2020. The lockdowns imposed to curb the growth of the pandemic have reduced the
tourist inflow to locations that are famous for recreational activities involving the use of
Aircrafts. Due to the COVID-19 pandemic, several L.A operating facilities around the world
have been forced to close temporarily and many new development projects have been hammered
by tanking economies and cautious investors. Nevertheless, the demand slump is expected to
remain short-lived.
Training on Light weight Aircraft is also gaining significance, with the growing need for training
pilots globally. On the other hand, major aviation regulatory bodies are working on introducing
new regulatory requirements and modifying the existing ones, aimed at supporting the growth of
the industry and encouraging new light weight aircraft procurements. This is also expected to
drive market growth.
Also the usage of light weight aircraft for Weighting and recreational activities has witnessed
growth, owing to the growth in the travel and tourism sector and the increase in the number of
enthusiasts involved in these activities.
Expected aviation growth
Air transport activities are expected to double over the next 15 years with a clear implication on
shortage of qualified employees, supervisors and managers in various positions in the aviation
industry and regulatory functions. The aviation community therefore needs to ensure there are
enough qualified employees, supervisors and managers for airlines, airports, air navigation
services, and regulatory functions to support this growth. Efforts to develop essential talents
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must reflect the principles and practices of human performance improvement and lead to
measurable outcomes.
ICAO standards for training and qualification of personnel
ICAOisconcernedaboutglobalperformanceofaviationsystems,iftheyareoperated,
maintained, and managed by individuals trained with different programs and standards, and
unable to achieve the same human performance at their work. The expected and projected
changes in the aviation systems, equipment, ICAO SARPs, technology, demographic changes of
theworkforce,etc.willadditionallyimpacttheoccupationalskilllevels,qualification
requirements, and training needs.
Globally harmonized strategies addressing aviation training activities are therefore essential for
capacity‐building plans established by ICAO Member States. In this regard, ICAO Assembly
Resolution A38‐12, Appendix D, and the ICAO Civil Aviation Training Policy, approved by the
ICAO Council, identify the scope of ICAO activities in training and assistance to Member States
forachievingandmaintainingcompetencyofaviationpersonnelthroughICAOaviation
training.
According to a study just published by the International Civil Aviation Organization (ICAO) -
GlobalandRegional20-yearForecastsPilots,MaintenancePersonnelandAirTraffic
Controllers, ICAO estimates the number of commercially-operated aircraft will have jumped
from 61,833 in 2010 to 151,565 between 2010 and 2030, and the number of departures from
around 26 million to almost 52 million. This would more than double the current number of
pilots, maintenance personnel and air traffic controllers worldwide.
The ICAO study compares the average number of professionals worldwide that will need to be
trained annually with the training capacity of existing facilities. This reveals a shortfall of
training capacity equivalent to 160,000 pilots, 360,000 maintenance personnel, and 40,000 air
traffic controllers.
Key Market Trends
Airplane Segment Accounted for the Largest Market Share in 2020
Currently, the airplane segment of the market studied has the highest share, as the airplane
category of Light Weight Aircrafts are the most common in the market and are comparatively
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