NAICS Code 488119-01 - Aircraft Ferrying & Transporting Service
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NAICS Code 488119-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 488119-01
Parent Code (less specific)
Tools
Tools commonly used in the Aircraft Ferrying & Transporting Service industry for day-to-day tasks and operations.
- Aircraft Tugs
- Towbars
- Aircraft Jacks
- Tie-Down Straps
- Chocks
- Hydraulic Lifts
- Aircraft Dollies
- Cargo Nets
- Ratchet Straps
- Aircraft Covers
Industry Examples of Aircraft Ferrying & Transporting Service
Common products and services typical of NAICS Code 488119-01, illustrating the main business activities and contributions to the market.
- Aircraft Delivery Service
- Aircraft Ferrying Service
- Aircraft Transport Service
- Aircraft Relocation Service
- Aircraft Moving Service
- Aircraft Hauling Service
- Aircraft Shipping Service
- Aircraft Logistics Service
- Aircraft Transfer Service
- Aircraft Positioning Service
Certifications, Compliance and Licenses for NAICS Code 488119-01 - Aircraft Ferrying & Transporting 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 and operational standards set by the FAA.
- Airman Certificate: This certificate is issued by the FAA and is required for pilots, flight engineers, and flight navigators. It ensures that the individual has the necessary knowledge and skills to operate an aircraft safely.
- Aircraft Maintenance Technician Certificate: This certificate is issued by the FAA and is required for aircraft maintenance technicians. It ensures that the individual has the necessary knowledge and skills to maintain an aircraft safely.
- Aircraft Dispatcher Certificate: This certificate is issued by the FAA and is required for aircraft dispatchers. It ensures that the individual has the necessary knowledge and skills to plan and coordinate flights safely.
- Hazardous Materials Endorsement: This endorsement is required for any individual who handles or transports hazardous materials. It ensures that the individual has the necessary knowledge and skills to handle hazardous materials safely.
History
A concise historical narrative of NAICS Code 488119-01 covering global milestones and recent developments within the United States.
- The Aircraft Ferrying & Transporting Service industry has a long history dating back to the early 1900s when the first commercial airlines began operating. During World War II, the industry experienced significant growth as the military relied heavily on aircraft transportation. In the post-war era, the industry continued to grow as commercial airlines expanded their routes and the demand for air cargo transportation increased. Notable advancements in the industry include the development of larger and more efficient aircraft, the introduction of air traffic control systems, and the use of advanced technology for navigation and communication. In recent history, the Aircraft Ferrying & Transporting Service industry in the United States has faced challenges due to the COVID-19 pandemic. The decline in air travel and the closure of borders have significantly impacted the industry's revenue. However, the industry has adapted to the changing circumstances by focusing on cargo transportation and repurposing passenger planes for cargo use. The industry has also seen advancements in technology, such as the use of drones for cargo transportation and the development of electric aircraft. Overall, the Aircraft Ferrying & Transporting Service industry has a rich history of innovation and adaptation to changing circumstances.
Future Outlook for Aircraft Ferrying & Transporting Service
The anticipated future trajectory of the NAICS 488119-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Aircraft Ferrying & Transporting Service industry in the USA is expected to experience growth in the coming years. The industry is expected to benefit from the increasing demand for air travel, which will lead to an increase in the number of aircraft in operation. Additionally, the industry is expected to benefit from the increasing demand for air cargo transportation. The industry is also expected to benefit from the increasing demand for aircraft maintenance and repair services. However, the industry is expected to face challenges such as increasing competition and rising fuel costs. Overall, the industry is expected to experience moderate growth in the coming years.
Industry Innovations for NAICS Code 488119-01
Recent groundbreaking advancements and milestones in the Aircraft Ferrying & Transporting Service industry, reflecting notable innovations that have reshaped its landscape.
- The Use Of Drones for Aircraft Inspection: Drones are being used to inspect aircraft for damage and maintenance issues. This technology is faster and more efficient than traditional methods, which can save time and money for airlines.
- The Development Of Electric Aircraft: Several companies are developing electric aircraft, which could reduce the industry's carbon footprint and operating costs.
- The Use Of Blockchain Technology for Aircraft Maintenance: Blockchain technology is being used to track aircraft maintenance records, which can improve safety and reduce maintenance costs.
- The Development Of Autonomous Ground Vehicles for Aircraft Towing: Autonomous ground vehicles are being developed to tow aircraft, which can improve efficiency and reduce the risk of accidents.
- The Use Of Augmented Reality for Aircraft Maintenance: Augmented reality technology is being used to assist technicians with aircraft maintenance, which can improve efficiency and reduce errors.
NAICS Code 488119-01 - Aircraft Ferrying & Transporting Service
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