Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

MidEast airlines will need 36,000 pilots by 2031: Boeing  Join our daily free Newsletter

MENAFN - - 15/07/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fmenafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093534387%26title%3dMidEast-airlines-will-need-36000-pilots-2031-Boeing Share This Article: http%3a%2f%2fmenafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093534387%26title%3dMidEast-airlines-will-need-36000-pilots-2031-Boeing Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN) A new study conducted by US plane-maker giant Boeing expected Middle East airlines to need 36,100 pilots and 53,700 technicians by the year 2031, Arabian Business reported.

Last year, the Saudi Aviation Flight Academy released a report saying that GCC airlines are facing a critical shortage of pilots to staff their growing fleets, with at least 1,700 new professionals needed each year to meet demand.

The report added that aviation colleges in the six Gulf states train less than 1,000 new pilots a year, creating a significant supply gap that threatens to stall the growth of local carriers, the report said.

Globally, the study forecasted an unprecedented demand for airline pilots and maintenance technicians over the next 20 years, as global economies expand and airlines take delivery of tens of thousands of new commercial airplanes.

The 2012 Pilot and Technician Outlook said that the world will hire 460,000 new commercial airline pilots and 601,000 new commercial airline maintenance technicians.

The study also saw strong demand for aviation personnel this year. Demand for technicians, however, is estimated to have declined from last year, partly because of new improved airplane technology and maintenance efficiencies as well as older airplanes being retired sooner than average due to higher fuel prices.

Demand for maintenance personnel, however, is still expected to grow in proportion to the expanding global fleet, the study added.

Separately, Boeing foresaw Middle East airline traffic to expand 6.4 percent, compounded annually, during the next 20 years.

 






  MENA News Headlines
May 21 2013Vodafone annual profits slump 90% on eurozone woes ,AFP
(MENAFN - AFP) British mobile phone giant Vodafone on Tuesday reported a 90-percent plunge in annual net profit after taking a vast impairment charge relating to poor business in debt-laden ...

May 21 2013Microsoft readies new Xbox as entertainment hub ,AFP
(MENAFN - AFP) Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets. A ...

May 21 2013JPMorgan shareholders keep Dimon chairman, CEO ,AFP
(MENAFN - AFP) JPMorgan Chase shareholders Tuesday rejected a proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory. The shareholder proposal to ...

May 21 2013Softbank to issue record bonds for Sprint takeover ,AFP
(MENAFN - AFP) Japanese mobile operator Softbank said Tuesday it planned to raise $3.9 billion through a record bond issuance in June to finance its proposed takeover of US firm Sprint ...

May 21 2013Ryanair mulls Poland-Israel route for Auschwitz trips ,AFP
(MENAFN - AFP) Low-cost European airline Ryanair is looking at introducing flights between Israel and Poland to cater for Israeli schoolchildren visiting the former Nazi death camp at ...

May 21 2013Indonesia approves DBS purchase of Danamon stake ,AFP
(MENAFN - AFP) Indonesia on Tuesday approved the purchase by Singapore's DBS of a 40 percent stake in Bank Danamon, but demanded the city-state open up its financial sector before any full ...

May 21 2013SkyWest says to buy 100 Embraer jets ,AFP
(MENAFN - AFP) SkyWest, Inc. announced Tuesday it has struck an agreement with Brazil's Embraer for the purchase of 100 new E175 jet aircraft, with 40 considered firm deliveries. The deal also ...

May 21 2013Europe stocks trade mixed, London beats 13-year peak ,AFP
(MENAFN - AFP) European stock markets diverged on Tuesday, as London shot past its 13-year peak amid stimulus policies from top world central banks and a barrage of company results, dealers ...

May 21 2013European power firms sound alarm over energy policy ,AFP
(MENAFN - AFP) French group GDF Suez led an attack by eight leading European power companies on EU energy policy on Tuesday, saying it had "failed" and was destroying parts of the sector. In what ...

May 21 2013Nobel laureate plays down flu pandemic scaremongering ,AFP
(MENAFN - AFP) A Nobel prize-winning scientist Tuesday played down "shock-horror scenarios" that a new virus strain will emerge with the potential to kill millions of people. Peter Doherty, who ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help