This industry comprises establishments primarily engaged in providing specialized services for air transportation (except air traffic control and other airport operations).
The NAICS 48819 category, encompassing Other Support Activities for Air Transportation, has experienced several qualitative trends recently. A prominent trend is the increasing digital transformation across the sector. Companies are investing in advanced technologies such as AI and machine learning to improve operational efficiency, enhance predictive maintenance, and streamline logistics. Another key trend is the shift towards sustainable and eco-friendly practices, driven by regulatory pressures and the growing demand for green initiatives. This includes the adoption of sustainable aviation fuels (SAF) and the implementation of carbon offset programs.
Additionally, the industry is seeing a significant emphasis on enhancing customer experience through improved service delivery and personalized offerings, supported by data analytics. The COVID-19 pandemic has also accelerated the trend towards automation and touchless solutions to ensure health and safety, reducing the need for human intervention at various touchpoints.
Looking ahead, forecasts for the near future suggest continued growth in the adoption of digital tools and sustainability initiatives. The integration of more sophisticated AI and IoT technologies is expected to transform traditional processes, leading to more efficient support activities in air transportation. Furthermore, regulatory changes and increasing environmental concerns will likely push the industry towards greater investment in green technologies and practices, aiming for reduced carbon footprints and enhanced corporate social responsibility. Overall, the industry's focus on technology and sustainability will shape its trajectory in the coming years.
Aircraft ferrying services
Aircraft inspection services
Aircraft maintenance and repair services (except factory conversion, factory overhaul, factory rebuilding)
Aircraft testing services
Fueling aircraft on a contract or fee basis
Independent pilot, air (except owner-operators)
Inspection services, aircraft
Maintenance and repair services, aircraft (except factory conversion, factory overhaul, factory rebuilding)
Testing services, aircraft
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.