What 2019 Looks Like for the Aviation Industry
The aviation industry is buzzing with activity today, and it is only going to get busier. For those of you looking for aviation jobs, this is certainly good news. According to major aircraft builder Boeing, the workforce in the aviation industry is going to double in just 20 years! Obviously, this is stupendous news. In short, if you are thinking about taking a closer look at the aviation industry, there has never been a better time. This is especially true for technical jobs such as aircraft mechanics and pilots. In fact, the shortage of these two groups is the main obstacle to the growth of aviation.
The single biggest reason for the optimism surrounding aviation industry/aviation jobs is passenger growth. 2019 is no different when it comes to increased traffic. In fact, passenger growth rates have been holding at a steady rate of roughly 3%, and this trend is expected to continue for at least two decades!
No talk of the future of the aviation industry would be complete without mentioning low-cost airlines. The concept of low-cost flying is not new. Back in the 1980s, there was an airline known as “Peoples Express” which gave rock-bottom fares to its passengers. They could do this in large part by cutting out the middleman, the travel agent, and sell tickets directly to the customer. Unfortunately, this company ended being purchased by the competition. With the arrival of the Internet, the low-cost model became possible once again and not surprisingly it is the low-cost carriers who are carrying a record number of passengers.
The low-cost segment can be further divided into one more category, and that would be the ultra-low-cost airlines. The ticket prices and service resemble more like bus service rather than an airline. However, passengers are not complaining since they get to travel without paying an arm and a leg. The result of all this is that some of these carriers saw growth rates as high as 15%, compared to last year! All of this is good news for those of you looking for aviation jobs.
Talking Numbers for 2019
The International Air Transport Association (IATA) is one of the most respected aviation industry watchdogs. IATA is overall very optimistic about the industry for 2019, as the following figures show.
Fuel costs are the number-one factor that affects ticket prices. For 2019, oil prices are only expected to increase marginally, from $73/barrel to around $81/barrel.
The number of passengers for 2019 is expected to grow 6%, which is a slightly higher compared to 2018.
As far as aviation jobs are concerned, the industry will hire approximately 2% more compared to 2018. Not only that, but wages are also increasing, which reflects the lack of qualified employees looking for aviation jobs.
Apart from pilots, there is a projected decrease in aircraft mechanics entering the field. As mechanics and technicians from the baby-boomer generation start to retire soon, airlines and private aviation are having trouble finding replacements.
Aviation JobNet is Where it’s Happening
Whether you are thinking about changing careers or just graduated from college and are ready to enter the job market, you may want to look at aviation jobs. The people at Aviation JobNet has their ear to the ground regarding all thing’s aviation industry. Whether you are looking for management or technical jobs, Aviation JobNet will be able to guide you and help you find the right job and get your career started in a rewarding, solid and exciting industry.