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home / news releases / BA - Boeing says aviation industry will need 2.3M more workers by 2042


BA - Boeing says aviation industry will need 2.3M more workers by 2042

2023-07-25 15:41:44 ET

Boeing ( NYSE: BA ) on Tuesday said the aviation industry will need 2.3 million more workers in the next 20 years to support growth in air travel.

The company's “2023 Pilot and Technician Outlook” estimated that commercial carriers will need more personnel including 649,000 pilots, 690,000 maintenance technicians and 938,000 cabin crew members.

"With domestic air travel fully recovered and international traffic near pre-pandemic levels, demand for aviation personnel continues to increase," Chris Broom, vice president, commercial training solutions at Boeing Global Services, said in a statement.

China, Eurasia and North America will drive demand for more than half of new industry personnel, with requirements in China surpassing those in North America. The fastest-growing regions for personnel are Africa, Southeast Asia and South Asia as regional demand nearly doubles.

This year's forecast includes Russia, which was omitted last year after the country invaded Ukraine, in the Eurasia region. Russia will make up 3% of global demand for personnel.

Region

New Pilots

New Technicians

New Cabin Crew

Global

649,000

690,000

938,000

Africa

21,000

22,000

26,000

China

134,000

138,000

161,000

Eurasia

143,000

156,000

235,000

Latin America

38,000

41,000

49,000

Middle East

58,000

58,000

99,000

North America

127,000

125,000

177,000

Northeast Asia

23,000

28,000

39,000

Oceania

10,000

11,000

18,000

South Asia

37,000

38,000

45,000

Southeast Asia

58,000

73,000

89,000

Source: Boeing

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Boeing says aviation industry will need 2.3M more workers by 2042
Stock Information

Company Name: The Boeing Company
Stock Symbol: BA
Market: NYSE
Website: boeing.com

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