Aviation

Boeing Anticipates Significant Demand for Pilots, Technicians, Cabin Crew in Middle East

Boeing [NYSE: BA] reports that over the next 20 years the Middle East will see significant demand for commercial airline pilots, technicians and cabin crew, accounting for 10 percent of the overall global need for pilots and technicians and 12 percent of cabin crew.

The 2017 Boeing Pilot & Technician Outlook, an industry forecast of aviation personnel demand, saw an increase in the forecast over last year, with pilot demand increasing to 63,000 (an 8.6 percent increase) and cabin crew demand increasing to 96,000 (a 4.3 percent increase). While anticipated overall global demand for technicians dropped 4.6 percent from last year, anticipated demand for technicians in the Middle East remained steady at 66,000.

With new airplane deliveries to the region forecasted to be split nearly 50-50 between single-aisle and twin-aisle airplanes, there is a similar split in anticipated personnel demand. Nearly half of new pilots and technicians will be needed to support single-aisle airplanes, and the other half will be needed to support twin-aisle airplanes. The split for cabin crew, however, is more heavily weighted toward twin-aisle airplanes due to regulations that require more cabin crew to staff larger airplanes.

Aviation

Boeing, Antonov to Collaborate on Defense Projects

– MOU represents Boeing’s commitment to work with Ukrainian industry

– Includes exploring opportunities for collaborating on in-country support of Unmanned Aerial Systems

A Memorandum of Understanding was signed today by Boeing and Antonov Company to investigate potential collaboration on defense-related projects.

“We’re happy to keep collaborating with the Antonov Company to help Ukraine’s economic development and expansion,” stated Ted Colbert, CEO and president of Boeing Defence, Space, & Security.

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“This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our signing of the Ukrainian Defence Industry Compact earlier this year.”

The areas of potential collaboration identified in the agreement consist of training, logistical support and overhaul services for tactical Unmanned Aerial Systems utilized by the Ukrainian Armed Forces, which includes the ScanEagle. In addition, the companies will also explore opportunities for Antonov to provide engineering support to Boeing.

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“A strong, innovative, and efficient defense industry is key to sustainable economic development and national security, and we are extremely excited to collaborate with Boeing,” said Ievhen Gavrylov, CEO of Antonov Company.

This agreement brings a whole new level of opportunity to implement the latest and most effective solutions – in addition to the possibility of future projects with Boeing in the aerospace and defense industry.”