Flying Schools in the US - Industry Market Research Report

Flying Schools in the US - Industry Market Research Report
Flying Schools in the US

Over the five years to 2023, Flight School industry revenue is expected to grow an annualized 2.3% to $4.6 billion, including a projected 4.0% increase in 2023 alone. In 2020, revenue declined due to the adverse effects of the COVID-19 (coronavirus) pandemic on the travel sector, reducing demand for flying schools. As many airlines reduced or halted flights amid the pandemic, they furloughed many employees, including pilots. This measure negatively pressures th'/e industry as fewer students enroll at flight schools with low job prospects. However, as the pandemic subsides and travel restrictions are lifted, industry revenue has rebounded strongly.

This industry provides aviation and flight training for vocational and recreational purposes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.