NAICS Code 423860-30 - Helicopter Brokers (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423860-30 Description (8-Digit)

Helicopter Brokers (Wholesale) are companies that specialize in the wholesale distribution of helicopters. They act as intermediaries between helicopter manufacturers and buyers, providing a range of services such as marketing, sales, and negotiation of helicopter purchases. Helicopter Brokers (Wholesale) work with a variety of clients, including government agencies, corporations, and private individuals. They have a deep understanding of the helicopter market and are able to provide expert advice to their clients on the best helicopter models to suit their needs.

Hierarchy Navigation for NAICS Code 423860-30

Tools

Tools commonly used in the Helicopter Brokers (Wholesale) industry for day-to-day tasks and operations.

  • Helicopter valuation software
  • Aviation market analysis tools
  • Customer relationship management (CRM) software
  • Sales and marketing automation tools
  • Helicopter maintenance tracking software
  • Aviation insurance software
  • Financial analysis tools
  • Helicopter inspection tools
  • Aviation safety management software
  • Helicopter flight planning software

Industry Examples of Helicopter Brokers (Wholesale)

Common products and services typical of NAICS Code 423860-30, illustrating the main business activities and contributions to the market.

  • Helicopter leasing companies
  • Search and rescue organizations
  • Law enforcement agencies
  • Offshore oil and gas companies
  • Helicopter tour operators
  • Film and television production companies
  • Emergency medical services providers
  • Military organizations
  • Firefighting agencies
  • Corporate transportation companies

Certifications, Compliance and Licenses for NAICS Code 423860-30 - Helicopter Brokers (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • FAA Commercial Pilot License: A certification issued by the Federal Aviation Administration (FAA) that allows a pilot to operate an aircraft for compensation or hire. This license is required for helicopter brokers to legally operate in the US.
  • FAA Air Carrier Certificate: A certification issued by the FAA that allows a company to operate as an air carrier and transport passengers or cargo for compensation or hire. Helicopter brokers who operate as air carriers must obtain this certificate.
  • Transportation Security Administration (TSA) Security Threat Assessment: A certification required by the TSA for individuals who have access to secure areas of airports or who operate aircraft. Helicopter brokers who operate in airports or have access to secure areas must obtain this certification.
  • National Air Transportation Association (NATA) Safety 1St Program: A certification program that provides training and education on safety and regulatory compliance for aviation businesses. Helicopter brokers can benefit from this program to ensure they are up-to-date on safety and regulatory requirements.
  • International Air Transport Association (IATA) Dangerous Goods Regulations (DGR) Certification: A certification required for individuals who handle, transport, or ship dangerous goods by air. Helicopter brokers who transport dangerous goods must obtain this certification.

History

A concise historical narrative of NAICS Code 423860-30 covering global milestones and recent developments within the United States.

  • The helicopter industry has been around since the 1930s, with the first practical helicopter being developed in 1939 by Igor Sikorsky. The industry saw significant growth during World War II, with helicopters being used for medical evacuation, reconnaissance, and transportation. In the 1950s and 1960s, the industry saw advancements in technology, with the development of turbine engines and the introduction of the first twin-engine helicopter. In recent history, the industry has seen a shift towards more advanced technology, with the development of unmanned aerial vehicles (UAVs) and electric helicopters. In the United States, the industry has seen growth in recent years due to an increase in demand for helicopter services in the oil and gas industry, as well as in emergency medical services and law enforcement.

Future Outlook for Helicopter Brokers (Wholesale)

The anticipated future trajectory of the NAICS 423860-30 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Helicopter Brokers (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for helicopters in various sectors such as emergency medical services, law enforcement, and tourism. The rise in the number of helicopter tours and the increasing use of helicopters in offshore oil and gas exploration are also expected to drive the growth of the industry. Additionally, the increasing demand for military helicopters is expected to contribute to the growth of the industry. However, the industry may face challenges due to the high cost of helicopters and the increasing competition from other modes of transportation such as drones. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423860-30

Recent groundbreaking advancements and milestones in the Helicopter Brokers (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Use Of Advanced Technology: Helicopter brokers are increasingly using advanced technology such as drones and virtual reality to showcase their products to potential buyers. This technology allows buyers to experience the helicopter's features and capabilities without physically being present, which can save time and money.
  • Expansion Of Services: Some helicopter brokers are expanding their services beyond just buying and selling helicopters. They are now offering services such as helicopter maintenance, repair, and customization, which can provide additional revenue streams.
  • Sustainable Helicopters: Helicopter brokers are now offering sustainable helicopters that are powered by electric or hybrid engines. These helicopters are more environmentally friendly and can help reduce the carbon footprint of the aviation industry.
  • Partnership with Ride-Sharing Companies: Some helicopter brokers are partnering with ride-sharing companies to offer helicopter rides to customers. This partnership can help increase the demand for helicopter rides and make them more accessible to the general public.
  • Use Of Blockchain Technology: Helicopter brokers are exploring the use of blockchain technology to streamline the buying and selling process. This technology can help reduce the time and cost associated with the transaction process and increase transparency and security.

NAICS Code 423860-30 - Helicopter Brokers (Wholesale)

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