NAICS Code 487990-02 - Helicopter-Charter & Rental Service

Marketing Level - NAICS 8-Digit

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99

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NAICS Code 487990-02 Description (8-Digit)

Helicopter-Charter & Rental Service is a subdivision of the Scenic and Sightseeing Transportation, Other industry under NAICS Code 487990. This industry involves providing helicopter transportation services for various purposes such as sightseeing, aerial photography, emergency medical services, corporate travel, and more. Helicopter-Charter & Rental Service companies offer their clients the convenience of customized travel plans, flexible schedules, and the ability to reach remote locations that are not easily accessible by other means of transportation.

Hierarchy Navigation for NAICS Code 487990-02

Tools

Tools commonly used in the Helicopter-Charter & Rental Service industry for day-to-day tasks and operations.

  • Helicopters (various models and sizes)
  • GPS navigation systems
  • Headsets and communication equipment
  • Weather monitoring tools
  • Maintenance and repair equipment
  • Fueling equipment
  • Safety equipment (life vests, first aid kits, etc.)
  • Flight planning software
  • Cargo loading and unloading equipment
  • Ground support vehicles

Industry Examples of Helicopter-Charter & Rental Service

Common products and services typical of NAICS Code 487990-02, illustrating the main business activities and contributions to the market.

  • Aerial photography services
  • Corporate helicopter travel
  • Emergency medical services
  • Helicopter sightseeing tours
  • Law enforcement and military helicopter services
  • Offshore oil rig transportation
  • Search and rescue operations
  • Transportation to remote locations
  • VIP helicopter transportation
  • Wildfire suppression services

Certifications, Compliance and Licenses for NAICS Code 487990-02 - Helicopter-Charter & Rental Service

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

  • Air Carrier Operating Certificate: This certificate is issued by the Federal Aviation Administration (FAA) and is required for any company that wants to operate as an air carrier. It ensures that the company meets the safety standards set by the FAA.
  • Airworthiness Certificate: This certificate is issued by the FAA and is required for each helicopter that is used for commercial purposes. It ensures that the helicopter meets the safety standards set by the FAA.
  • Commercial Pilot License: This license is issued by the FAA and is required for any pilot who wants to fly a helicopter for commercial purposes. It ensures that the pilot has the necessary skills and knowledge to operate a helicopter safely.
  • Part 135 Operating Certificate: This certificate is issued by the FAA and is required for any company that wants to operate as a charter service. It ensures that the company meets the safety standards set by the FAA.
  • Transportation Security Administration (TSA) Security Program: This program is required for any company that wants to operate as a charter service. It ensures that the company meets the security standards set by the TSA.

History

A concise historical narrative of NAICS Code 487990-02 covering global milestones and recent developments within the United States.

  • The Helicopter-Charter & Rental Service industry has a rich history dating back to the 1940s when the first helicopter was used for commercial purposes. In 1946, the first helicopter charter service was established in New York City, and by the 1950s, helicopter charter services were available in several major cities across the United States. In the 1960s, the industry experienced significant growth due to the increasing demand for helicopter services in the oil and gas industry. In the 1970s, the industry expanded into other areas such as emergency medical services, law enforcement, and tourism. In recent years, the industry has continued to grow, with advancements in technology and increased demand for helicopter services in various industries. In the United States, the Helicopter-Charter & Rental Service industry has a more recent history. In the 1980s, the industry experienced significant growth due to the increasing demand for helicopter services in the oil and gas industry. In the 1990s, the industry expanded into other areas such as emergency medical services, law enforcement, and tourism. In recent years, the industry has continued to grow, with advancements in technology and increased demand for helicopter services in various industries. The industry has faced challenges such as safety concerns and regulatory issues, but it has continued to adapt and evolve to meet the changing needs of its customers.

Future Outlook for Helicopter-Charter & Rental Service

The anticipated future trajectory of the NAICS 487990-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The helicopter-charter and rental service industry in the USA is expected to grow in the coming years due to the increasing demand for air transportation services. The industry is expected to benefit from the growth of the tourism industry, as more people are opting for helicopter tours to explore scenic locations. Additionally, the industry is expected to benefit from the increasing demand for emergency medical services, as helicopters are often used to transport patients to hospitals in emergency situations. However, the industry may face challenges due to the increasing competition from other modes of transportation, such as ride-sharing services and private jets. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for air transportation services.

Industry Innovations for NAICS Code 487990-02

Recent groundbreaking advancements and milestones in the Helicopter-Charter & Rental Service industry, reflecting notable innovations that have reshaped its landscape.

  • Use Of Advanced Technology: Helicopter-charter and rental service providers are increasingly using advanced technology to improve the safety and efficiency of their services. For instance, some companies are using drones to inspect helicopters for maintenance purposes, while others are using virtual reality technology to train pilots.
  • Expansion Of Services: Some helicopter-charter and rental service providers are expanding their services to include new offerings such as aerial photography, film production, and power line inspections. This has helped them to diversify their revenue streams and attract new customers.
  • Partnership with Hotels and Resorts: Some helicopter-charter and rental service providers are partnering with hotels and resorts to offer their services to guests. This has helped them to increase their customer base and generate more revenue.
  • Use Of Eco-Friendly Helicopters: Some helicopter-charter and rental service providers are using eco-friendly helicopters that emit less noise and pollution. This has helped them to reduce their environmental impact and attract customers who are concerned about sustainability.
  • Adoption Of Safety Measures: Helicopter-charter and rental service providers are adopting new safety measures to improve the safety of their services. For instance, some companies are using advanced weather monitoring systems to avoid flying in adverse weather conditions, while others are using advanced navigation systems to avoid collisions.

NAICS Code 487990-02 - Helicopter-Charter & Rental Service

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