Vietnamese Pilot Career Outlook
The Civil Aviation Authority of Vietnam (“CAAV”) expects that the demand for pilots in Vietnam is between 10,000-15,000 over the next 20 years. That means that on average, the airlines in Vietnam expect to hire 500 to 750 pilots per year. Boeing also estimates a global demand of over 800,000 new pilots, with 645,000 being commercial fixed-wing pilots between now and 2038. The Asia-Pacific region is estimated to need almost 250,000 of these pilots, 38% of the global demand, and air travel continues to grow in demand in this region.
Additionally, over the next 10 years, the International Air Transport Association (IATA) forecasts 4.2% annual passenger growth and a market of 4.8 billion air passengers by 2027 – that’s an additional 1.6 billion passengers. Along with passenger growth, IATA reports that the number of unique city-pairs has roughly doubled in the past 20 years to over 18,000, and will exceed 25,000 by 2027, requiring additional aircraft – and pilots – to serve these new routes.