Pilot and aviation maintenance students at Embry-Riddle Aeronautical University will get a little help paying for training, thanks to a new $3 million grant from Boeing.
Boeing’s investment will create a permanent endowment to fund annual scholarships for flight training, maintenance training and certification costs related to the pilot training and aviation maintenance programs. Scholarship dollars will be made available to all students – with a focus on increasing the number of women, military veterans and minority students enrolled in both programs.
According to the 2018 Boeing Pilot & Technician Outlook, a respected industry forecast of personnel demand, an estimated 790,000 new civil aviation pilots and 754,000 new maintenance technicians will be needed to fly and maintain the world fleet over the next 20 years. The forecast is inclusive of the commercial aviation, business aviation and civil helicopter industries.
“It’s essential that industry and higher education work together to increase the pipeline of aerospace talent. Our partnership with Embry-Riddle demonstrates Boeing’s commitment to the continued growth and diversification of the global aerospace industry,” said Muilenburg. “Through this grant, we’ll help more students – with more diverse backgrounds — learn with greater efficiency and perform more effectively once on the job.”
At the 18th Annual U.S. Chamber of Commerce Aviation Summit, Muilenburg emphasized the need for increased collaboration within the global aerospace industry to address the growing demand for commercial pilots and technicians.
To further help address this demand, Boeing last year expanded its Pilot Development Program, which provides airlines with commercial training, including screening Pilot Development Program cadets, managing student performance and correction, and developing commercial pilot training courses and materials.
This latest investment in Embry-Riddle — based in Daytona Beach, Fla., with multiple campuses elsewhere and online programs — builds upon Boeing’s long-standing support of innovative STEM programs and its commitment to veterans and military families. In 2018 alone, Boeing contributed a record $284 million to build better communities worldwide.