Industry Featured Articles
Thursday, March 22 2018
By Theoharis Dimarhos, Marketing and Business Development Manager, and Angelos Angelou, CEO, Angelou Economics
As the popular observation (and trivia nugget) goes, just 66 years separated humanity’s first powered flight from our first steps on the Moon. From an 120-foot hop to a 400,000 mile journey that was quite literally out of this world, the sheer pace and depth of the technological progress required to bridge these two milestones was truly remarkable.
In the 49 years that have passed since Neil Armstrong made history, we as a species have put that technological progress to shame.
Make no mistake, the oft-bandied claims of a “New Space Race” are more than just hype. Yes, there is China’s promise to reach Mars, as well as the playful banter between SpaceX and Boeing to beat each other in achieving the same. These dreams are exciting, but there is a still a distant, ethereal quality to them. What is in no way abstract or far-fetched is the satellite/rocket revolution that has transformed the aerospace industry over the past several decades.
Friday, September 29 2017
By Ed Bolen, President and CEO, National Business Aviation Association (NBAA)
The business aviation community consists of companies of all sizes that rely on many different types of aircraft – from single-pilot airplanes, to turbine aircraft that fly internationally, to helicopters that survey rush-hour traffic – and the fixed-base operations and many other services that support flight operations at the nation’s 5,000 public-use airports.
The majority of these businesses – an overwhelming 97 percent – are small- to mid-size companies, and other entities such as nonprofit organizations. No matter how large or small, these companies all depend upon business aviation to provide flexibility and security that are increasingly necessary to compete in the global marketplace.
That said, business aviation's contributions extend beyond the direct benefits to U.S. companies. This industry helps generate $219 billion annually in economic activity, and supports 1.1 million stable, high-wage jobs in this country alone.
Friday, March 24 2017
By Ben Harper, Director and Co-founder, Fairmont Consulting Group LLC
State and regional development organizations have placed a strong emphasis on commercial aerospace in recent years – decisions that have been very well justified by the growth the industry has seen. Commercial aerospace has proven very attractive to economies by virtue of its utilization of skilled manufacturing workers and the current “super cycle” that has provided steady and stable growth of aircraft deliveries since 2003 despite broader economic cycles. Combined with other secular trends within the commercial aerospace market, such as shifts towards composites materials and a desire for more significantly dollar-denominated supply base from European aircraft manufacturer Airbus, the United States has seen significant new investment over the past decade and a half.
The Shifting Commercial Aerospace Outlook
Wednesday, September 14 2016
By Ed Bolen, President and CEO, NBAA
Small unmanned aircraft systems (sUAS) represent tremendous potential for a wide range of municipal planning, maintenance, and developmental uses. As more communities explore possible uses for UAS operations, it seems more jobs become apparent for them to fill.
Until recently, however, large-scale efforts to deploy sUAS within the United States were stymied by a lack of defined regulations for the commercial operation of those vehicles. That changed this in June, when the Federal Aviation Administration (FAA) announced the newly-created Federal Aviation Regulation (FAR) 14 CFR Part 107, applying to commercial use of any UAS weighing less than 55 lbs.
Among the requirements under Part 107 include a maximum sUAS operating altitude of 400' above ground level in daytime VFR conditions, within visual line-of-sight (VLOS) of the operator or observers. Unmanned aircraft may not be operated over people on the ground not involved in the UAS flight, and all UAS must yield right-of-way to all other aircraft.
Understanding the Aerospace Industry Workforce: How Communities Can Attract This Industry Through Smart and Strategic Workforce Practices
Tuesday, March 15 2016
By Frank Spano, Managing Director; Bianca Holtier Coury, Project Purchasing Agent; and Susan Riffle, Commuications Specialist of The Austin Company
There is an interesting and dynamic shift occurring within the aerospace industry as it relates to integrating the workforce and communities at the local level. By way of innovative techniques, along with suitable grants, assistance and training programs, the atmosphere is ripe for launching a successful campaign to support the expanding needs of a dramatically growing vertical marketplace. Boost local economic development by tending to the workforce needs of the multi-faceted aerospace industry.
Monday, September 21 2015
Business aviation offers many important contributions to citizens, companies and communities across the United States. In fact, the nation’s general aviation (GA) industry – which includes business aviation – contributes $219 billion annually to the U.S. economy, and supports more than one million stable, high-wage jobs in this country.
The vast majority of companies relying on business aviation are small and medium size companies, and it has been consistently demonstrated that companies using aviation outperform their competitors that do not. Despite these benefits, however, this proud American industry continually faces regulatory and legislative challenges on the national, state and local levels.
Potential obstacles to the freedom and mobility provided through business aviation include threats to close valued and historic airports; potential limits on GA operations within the national airspace system (NAS); and constant legislative pressure to implement onerous user fees.