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NAICS Code 441227-15 Description (8-Digit)

Aircraft-Dealers (Retail) is a subdivision of the NAICS Code 441227 that involves the retail sale of new and/or used aircrafts to consumers. This industry includes businesses that specialize in selling various types of aircrafts such as airplanes, helicopters, gliders, and ultralights. Aircraft-Dealers (Retail) businesses may also offer related services such as financing, leasing, and maintenance.

Hierarchy Navigation for NAICS Code 441227-15

Tools

Tools commonly used in the Aircraft-Dealers (Retail) industry for day-to-day tasks and operations.

  • Aviation Headsets
  • Aircraft Tool Kits
  • Aviation Snips
  • Aircraft Jacks
  • Aviation Wrenches
  • Aircraft Tugs
  • Aviation Scissors
  • Aircraft Cleaning Supplies
  • Aviation Lubricants
  • Aircraft Paints

Industry Examples of Aircraft-Dealers (Retail)

Common products and services typical of NAICS Code 441227-15, illustrating the main business activities and contributions to the market.

  • Single-Engine Airplanes
  • Multi-Engine Airplanes
  • Helicopters
  • Ultralights
  • Gliders
  • Seaplanes
  • Amphibious Aircrafts
  • Vintage Aircrafts
  • Experimental Aircrafts
  • Kit-Built Aircrafts

Certifications, Compliance and Licenses for NAICS Code 441227-15 - Aircraft-Dealers (Retail)

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

  • Federal Aviation Administration (FAA) Aircraft Certification: This certification is required for all aircraft dealers in the US. It ensures that the aircraft being sold meet the safety standards set by the FAA. The FAA provides this certification.
  • Aircraft Dealer License: This license is required for all aircraft dealers in the US. It is issued by the state in which the dealer operates. The license ensures that the dealer is authorized to sell aircraft in that state.
  • Sales Tax Permit: This permit is required for all aircraft dealers in the US. It allows the dealer to collect sales tax on the aircraft they sell. The permit is issued by the state in which the dealer operates.
  • Business License: This license is required for all businesses in the US, including aircraft dealers. It ensures that the dealer is authorized to operate a business in that state. The license is issued by the state in which the dealer operates.
  • Environmental Protection Agency (EPA) Certification: This certification is required for all aircraft dealers in the US. It ensures that the aircraft being sold meet the environmental standards set by the EPA. The EPA provides this certification.

History

A concise historical narrative of NAICS Code 441227-15 covering global milestones and recent developments within the United States.

  • The Aircraft-Dealers (Retail) industry has a long and rich history dating back to the early 20th century. The first airplane dealership was established in 1927 by the Cessna Aircraft Company, which sold its first aircraft to a private owner. In the following years, the industry grew rapidly, and by the 1930s, several other companies had entered the market, including Piper Aircraft and Beechcraft. During World War II, the industry experienced a significant boost as the government ordered thousands of planes for military use. After the war, the industry shifted its focus to civilian aircraft, and the demand for private planes continued to grow. In recent years, the industry has faced challenges due to economic downturns and increased competition from other modes of transportation. In the United States, the Aircraft-Dealers (Retail) industry has a more recent history, with the first airplane dealership opening in the 1950s. The industry experienced significant growth in the 1960s and 1970s, as more people began to purchase private planes for personal and business use. However, the industry faced challenges in the 1980s due to a recession and increased competition from other modes of transportation. In the 1990s and 2000s, the industry experienced a resurgence due to increased demand for private planes from high-net-worth individuals and corporations. However, the industry faced challenges again in the late 2000s due to the global financial crisis and increased regulation. Despite these challenges, the industry has remained resilient and continues to provide a valuable service to consumers and businesses alike.

Future Outlook for Aircraft-Dealers (Retail)

The anticipated future trajectory of the NAICS 441227-15 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 Aircraft-Dealers (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for private aircraft and the rise in disposable income. The industry is also expected to benefit from technological advancements in the aviation industry, which will lead to the development of more fuel-efficient and environmentally friendly aircraft. However, the industry may face challenges due to the high cost of aircraft and the increasing competition from online aircraft dealers. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 441227-15

Recent groundbreaking advancements and milestones in the Aircraft-Dealers (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Electric Aircraft: The development of electric aircraft is a recent innovation in the Aircraft-Dealers (Retail) industry. Electric aircraft are more environmentally friendly and cost-effective than traditional aircraft, making them an attractive option for consumers.
  • Personalized Aircraft: Aircraft manufacturers are now offering personalized aircraft that are tailored to the specific needs and preferences of individual consumers. This innovation has increased the demand for private aircraft and has helped the industry to grow.
  • Advanced Safety Features: Aircraft manufacturers are now incorporating advanced safety features into their aircraft, such as collision avoidance systems and automatic emergency landing systems. These features have made flying safer and more accessible to consumers.
  • Online Aircraft Sales: The rise of online aircraft sales has been a recent innovation in the Aircraft-Dealers (Retail) industry. Online sales have made it easier for consumers to purchase aircraft and have increased competition in the industry.
  • Sustainable Aviation Fuel: The development of sustainable aviation fuel is a recent innovation that has the potential to transform the Aircraft-Dealers (Retail) industry. Sustainable aviation fuel is made from renewable sources and has a lower carbon footprint than traditional aviation fuel, making it an attractive option for environmentally conscious consumers.

NAICS Code 441227-15 - Aircraft-Dealers (Retail)

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