The global aviation training market encompassing human capacity development for skilled pilots, cabin crew, flight dispatchers, aircraft engineers/technicians and other professionals in the aeronautical space will witness significant growth in the next 12 months, statistics from industry databank report Markets and Markets , has revealed.

Citing growing demand for specialised industry skills in the air travel space, the report reveals a five year growth trajectory pulling from $52.9 billion in 2020 to $66.9 billion by 2025.

Spiking a 4.8 per cent cumulative annual growth rate, the report highlighted some factors driving dynamics for the global aviation training market to include: the rising adoption of simulation-based training for various aviation roles, as it offers cost-effective, safe, and realistic learning environments.

It further highlights that simulation-based training can also help address the challenges of pilot shortage, aging workforce, and regulatory compliance.

To tap into opportunities in the value chain, aviation training organisations in Nigeria: International Aviation College (IAC), Ilorin, Kwara State, and the Nigerian College of Aviation Technology (NCAT), are exploring opportunities for partnership as they are concluding plans to ink a Memorandum of Understanding (MoU), to deepen training capacities in the fields of piloting, aircraft engineering repairs and other areas of core competence.

June 10, 2024

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