A heady 50,000 new pilots will be needed in business aviation over the next decade, according to a new forecast by training company CAE.
In its 2018 CAE Airline and Business Jet Pilot Demand Outlook, released at NBAA18, the 10-year view offers fleet operators key insights on the future need for professional pilots in both business and commercial aviation.
The active business jet pilot population will reach 65,000 by 2028, which represents an increase of 18%, with a turnover rate of almost 100%, says the report.
Specifically, 10,000 new business jet pilots will be required to sustain growth and 40,000 new business jet pilots will be needed to support retirement attrition across the segment over the next decade.
“The CAE Airline and Business Jet Pilot Demand is a one-of-a kind report,” said Marc Parent, CAE President and Chief Executive Officer.
“Our 2018 update builds on last year’s analysis while introducing for the first time a business jet pilot forecast and shedding light on ways the aviation industry can cope with this demand. Soaring pilot demand is a reality that we must all face.”
The 2018 CAE Airline and Business Jet Pilot Demand Outlook is available for download here