Aircraft Maintenance Technology - 43
to evolve and survive-particularly in the current economic
environment. Most flight schools do not have the ability to
offer tuition financing for US students. While some list major
banks on their websites as possible sources of student loans,
traditional banks average a paltry 8 percent approval rate on
these loans. Indeed, one large U.S. bank has recently ceased all
flight training loans.
As about 80 percent of the world's primary flight training
occurs in the United States, many flight schools rely on a large
population of foreign students. However, the pandemic has
caused American embassies across the globe to close for visa
interviews; no intereviews means no new foreign aviation students. Even if US Embassies process visas starting in June or
July, there will be a massive backlog, which, coupled with social
distancing rules, may result in significant lead time just for
potential students to get an initial embassy visa appointment.
Flight schools largely dependent on foreign students are unlikely
to see such students until September at the earliest. This will
greatly strain the financial capability of many schools and many
flight schools-large and small-cannot survive without this
steady influx of foreign students. Without a reliable source of
tuition financing, many will close shop and disappear.
The same carriers' maintenance professionals have an average age
in the high 50's. Regardless of how long the economic recovery
takes, these demographics portend an unprecedented number of
pilots and mechanics leaving the workforce in the next few years.
And when traffic returns-which could be within the next three
years, according to a leading financial magazine and a Wall Street
airline analyst-these retirements will leave the industry short of
trained professionals.
Second, as the industry faces a shortage in trained personnel, it
will also face the double whammy problem of a shortage in training
capacity. Flight schools are suffering for many reasons. Many flight
schools in the United States are small "Mom & Pop" operations
with neither the financial wherewithal nor the business experience
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43
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Aircraft Maintenance Technology
Table of Contents for the Digital Edition of Aircraft Maintenance Technology
A Place for Everything
The Wide World of Wi-Fi
Aftermarket Post COVID
Flying Colours' Flight Path
Precision Tools for Precise Jobs
What Aviation Maintenance Training Looks Like in a Pandemic
It Will Get Worse
Editor's Takeoff: From Toy Boxes to Toolboxes
Professionalism: The New Face of Safety and Service
GAMA Insight: Embracing Remote and Virtual Assist Technologies
Industry Inspection
Advertiser's Index
Aircraft Maintenance Technology - 1
Aircraft Maintenance Technology - 2
Aircraft Maintenance Technology - 3
Aircraft Maintenance Technology - Editor's Takeoff: From Toy Boxes to Toolboxes
Aircraft Maintenance Technology - 5
Aircraft Maintenance Technology - 6
Aircraft Maintenance Technology - 7
Aircraft Maintenance Technology - Industry Inspection
Aircraft Maintenance Technology - 9
Aircraft Maintenance Technology - A Place for Everything
Aircraft Maintenance Technology - 11
Aircraft Maintenance Technology - 12
Aircraft Maintenance Technology - 13
Aircraft Maintenance Technology - The Wide World of Wi-Fi
Aircraft Maintenance Technology - 15
Aircraft Maintenance Technology - 16
Aircraft Maintenance Technology - 17
Aircraft Maintenance Technology - Aftermarket Post COVID
Aircraft Maintenance Technology - 19
Aircraft Maintenance Technology - 20
Aircraft Maintenance Technology - 21
Aircraft Maintenance Technology - Flying Colours' Flight Path
Aircraft Maintenance Technology - 23
Aircraft Maintenance Technology - 24
Aircraft Maintenance Technology - 25
Aircraft Maintenance Technology - 26
Aircraft Maintenance Technology - 27
Aircraft Maintenance Technology - Precision Tools for Precise Jobs
Aircraft Maintenance Technology - 29
Aircraft Maintenance Technology - 30
Aircraft Maintenance Technology - 31
Aircraft Maintenance Technology - 32
Aircraft Maintenance Technology - 33
Aircraft Maintenance Technology - 34
Aircraft Maintenance Technology - 35
Aircraft Maintenance Technology - What Aviation Maintenance Training Looks Like in a Pandemic
Aircraft Maintenance Technology - 37
Aircraft Maintenance Technology - 38
Aircraft Maintenance Technology - 39
Aircraft Maintenance Technology - 40
Aircraft Maintenance Technology - 41
Aircraft Maintenance Technology - It Will Get Worse
Aircraft Maintenance Technology - 43
Aircraft Maintenance Technology - 44
Aircraft Maintenance Technology - 45
Aircraft Maintenance Technology - Professionalism: The New Face of Safety and Service
Aircraft Maintenance Technology - 47
Aircraft Maintenance Technology - GAMA Insight: Embracing Remote and Virtual Assist Technologies
Aircraft Maintenance Technology - Advertiser's Index
Aircraft Maintenance Technology - 50
Aircraft Maintenance Technology - 51
Aircraft Maintenance Technology - 52
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