Market Intelligence: North America

Cabin Crew Manufacturer, EDM, Completes Factory Acceptance Test for 2 B737 Max 8200 Extended Door Trainers

United Kingdom based cabin crew simulator manufacturer EDM Ltd, a leading provider of aviation training solutions, has successfully completed the Factory Acceptance Test (FAT) for Allegiant’s two B737 Max 8200 Extended Door Trainers. This accomplishment represents a major milestone in improving the training capabilities of Allegiant’s flight crews.

In a close collaboration between Allegiant and EDM Ltd, these state-of-the-art Extended Door Trainers were designed and manufactured to offer flight crews a realistic and immersive training experience. The completion of the FAT ensures that the trainers meet the highest industry standards and are ready for deployment.

The Extended Door Trainers developed by EDM Ltd provide an advanced training platform for Allegiant’s flight crews, allowing them to practice and refine their skills in a simulated aircraft environment. These trainers offer a comprehensive range of scenarios, enabling crews to gain practical experience in handling emergency situations and familiarizing themselves with the B737 Max 8200’s unique features.

The successful completion of the FAT for Allegiant’s B737 Max 8200 Extended Door Trainers sets a benchmark in the aviation training industry. EDM Ltd looks forward to continuing its collaboration with Allegiant and other esteemed partners to push the boundaries of aviation training and raise the standards worldwide.

About EDM Ltd.

EDM Ltd is a leading provider of aviation training solutions, specialising in the design, manufacture, and support of high-fidelity training devices. With over 50 years of experience, EDM Ltd is committed to delivering innovative and effective training solutions to airlines, aircraft manufacturers, and training centres worldwide.

Source: EDM Press Release
Photo Credit: EDM

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Boeing Shares Information On How Pilot and Technician Outlook Report Is Developed And Used

Early in 2023 Boeing released its Pilot and Technician Outlook (PTO)– a 20-year forecast of global demand for new aviation personnel, including pilots, technicians and cabin crew. The PTO is developed, refined and published each year by Global Services’ Strategy team in partnership with various stakeholders and subject matter experts across the enterprise – but there’s much more to it than updating numbers every 12 months.

To better understand what goes in to creating the outlook, Boeing asked Tina Lewis, a senior manager in Global Services Strategy and one of the architects of the PTO, to explain how the report is generated, the importance of the data, and how it is used within Boeing and externally.

Tell us about the team that puts together the Pilot and Technician Outlook (PTO). 

The PTO is a joint effort between our Strategy team, the Global Services Training Solutions business, and subject matter experts in Commercial Airplanes and Global Services Sales and Marketing.

We also collaborate with former and current pilots as well as mechanics to harvest customer insights and expertise. Working together, we identify changing industry requirements, evolving market trends, and the competitive landscape. We also use external industry research, leveraging benchmarks and data analysis to build out robust forecast assumptions.

Why does Boeing produce this outlook and who uses the data?

For more than two decades, the PTO has been the aviation industry’s leading forecast in global commercial personnel demand – providing airlines, suppliers and the wider aviation community a resource to track the evolution of market trends over a 20-year period.

  • Within Boeing, the PTO is shared broadly to support market shaping. We also use the forecasts to aid in developing long-range business plans and influencing our growth strategy.
  • Externally, the PTO helps build confidence with industry stakeholders and constituents. We also share our data with government agencies including the U.S. Government Accountability Office (GAO), regulators, and airline customers to help with their own growth strategies.

How does Boeing determine data and trends that are published in the forecast? 

When developing the PTO, we consider what is currently happening in the market in terms of regulatory changes, as well as the demand for future aircraft.

  • Fleet growth and natural attrition play a role in determining future demand for pilots, technicians and cabin crew.
  • For pilots, we also look at pilot movement to larger airplanes and from first officer to captain ranks. Technician demand also factors in airplane age and utilization, while cabin crew forecasting considers regulatory requirements and cabin configurations.

We also create more detailed training and simulator market forecasts for our internal stakeholders to aid resource and investment planning. This includes outlooks for services such as such as pilot provisioning — or what many see as “pilot for hire” — as well as forecast demand for new simulators, simulator data packages, hardware and support.

What data sources or metrics inform the outlook? 

The Commercial Market Outlook is the main data source for our outlook. But before we get to modeling, we use primary and secondary research to collect data that helps shape our assumptions.

  • Many of our colleagues pass along firsthand information from industry stakeholders based on conversations at events like EAA Airventure Oshkosh and the World Airline Training Symposium.
  • Our team also uses third-party publications and media for secondary insights into personnel challenges and shortages that validates much of the primary research.

What challenges or limitations do you encounter when forecasting?

One of our biggest challenges is the availability of data. Information for some regions is not easily accessible. This makes it difficult to perform the right checks and balances against our forecast. We forecast future demand and not the current supply of personnel. We’ve developed viewpoints on the supply side using readily available U.S. data and other information shared directly from our stakeholders. Yet for other regions, it can be much more difficult to acquire credible data sources to validate our assumptions.

Source: Boeing News Now (BNN)
Photo Credit: Boeing

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US Flight School on Inc. Annual List of Fastest-Growing Private Companies in America

Inc. revealed that Texas, United States based flight training organisation Thrust Flight ranks No. 3346 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

“We are immensely thankful and truly thrilled to have received the prestigious Inc. 5000 award,” says Patrick Arnzen, CEO of Thrust Flight. “Being among the fastest-growing companies in the country is a testament to our unwavering commitment to excellence and innovation. As we stand at this pivotal moment, we are not only celebrating our past achievements but eagerly embracing the future with renewed energy. This recognition underscores the remarkable journey of Thrust Flight and its dedicated team as we strive to redefine the landscape of flight training.”

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

“At Thrust Flight, our success isn’t just about numbers; it’s about the unwavering dedication of our team,” says Ray Lamas, President of Thrust Flight. “This award is a tribute to their resilience, their passion, and their commitment to not only driving our business forward but also shaping the dreams of every student who walks through our doors. We’re not only excited about our future growth but profoundly eager to drive the dreams of countless individuals through aviation.”

About Thrust Flight

Thrust Flight is a leading professional flight academy located at Addison Airport. They offer flight instruction services for many different aviation ratings and certificates. Through their Zero Time to Airline® program, they prepare flight students for a career at the airlines.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. 

About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent.

Source: Thrust Flight Press Release

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