Aviation Industry running short of Pilots
24/02/2014 12:25
For 2013-2032 5 lac new commercial pilots will be in demand to fly all the new airplanes entering the
World fleet over the next 20 years. Many Asian markets may face shortage of Pilots as the training colleges for the Pilots and the engineers are much lesser to meet the growing demands. Though the Aviation sector is booming only a few Airways actually are making profit. The profit margin on this industry is just 10% and the investment requirement is huge. There is no point in running such business that leads the world into another recession. In future if any new recession takes place only because of the funding in the Aviation Industry that makes less return for the investment.