NAICS Code 488119-03 - Aircraft Storage
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NAICS Code 488119-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 488119-03
Parent Code (less specific)
Tools
Tools commonly used in the Aircraft Storage industry for day-to-day tasks and operations.
- Aircraft covers
- Tie-down straps
- Chocks
- Dehumidifiers
- Battery tenders
- Fuel stabilizers
- Cleaning supplies
- Fire extinguishers
- Security cameras
- Access control systems
Industry Examples of Aircraft Storage
Common products and services typical of NAICS Code 488119-03, illustrating the main business activities and contributions to the market.
- Private aircraft storage
- Corporate aircraft storage
- Military aircraft storage
- Vintage aircraft storage
- Helicopter storage
- Small aircraft storage
- Large aircraft storage
- Jet storage
- Propeller aircraft storage
- Recreational aircraft storage
Certifications, Compliance and Licenses for NAICS Code 488119-03 - Aircraft Storage
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- FAA Part 145 Repair Station Certificate: This certificate is required for aircraft storage facilities that perform maintenance, repair, and overhaul (MRO) services on aircraft. The certificate is issued by the Federal Aviation Administration (FAA) and ensures that the facility meets the safety and quality standards set by the FAA.
- Hazardous Materials (HAZMAT) Certification: This certification is required for aircraft storage facilities that handle hazardous materials such as fuel, oil, and other chemicals. The certification is issued by the Department of Transportation (DOT) and ensures that the facility complies with the regulations for the safe handling, storage, and transportation of hazardous materials.
- Environmental Protection Agency (EPA) Certification: This certification is required for aircraft storage facilities that generate hazardous waste such as used oil, solvents, and other chemicals. The certification is issued by the EPA and ensures that the facility complies with the regulations for the safe storage, transportation, and disposal of hazardous waste.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for aircraft storage facilities that have employees and ensures that the facility complies with the regulations for workplace safety and health. The certification is issued by OSHA and covers topics such as hazard communication, personal protective equipment, and emergency response.
- International Standard for Business Aircraft Handling (IS-BAH) Certification: This certification is a global standard for ground handling service providers that serve business aviation. The certification is issued by the International Business Aviation Council (IBAC) and ensures that the facility meets the safety and quality standards set by the industry.
History
A concise historical narrative of NAICS Code 488119-03 covering global milestones and recent developments within the United States.
- The Aircraft Storage industry has been around since the early days of aviation. In the early 20th century, aircraft storage was primarily used for military purposes, with the first aircraft storage facilities being built during World War I. After the war, the industry shifted towards commercial aviation, and aircraft storage facilities were built to accommodate the growing number of commercial aircraft. In recent years, the industry has seen significant growth due to the increasing demand for aircraft storage services. In the United States, the industry has seen a surge in demand due to the COVID-19 pandemic, which has led to a decrease in air travel and an increase in aircraft storage needs. For example, in 2020, the Pinal Airpark in Arizona saw a 20% increase in aircraft storage demand due to the pandemic.
Future Outlook for Aircraft Storage
The anticipated future trajectory of the NAICS 488119-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The aircraft storage industry in the USA is expected to grow in the coming years due to the increasing demand for aircraft storage services. The COVID-19 pandemic has led to a decrease in air travel, which has resulted in airlines parking their planes in storage facilities. As air travel is expected to recover in the future, the demand for aircraft storage services is expected to increase. Additionally, the increasing number of aircraft being retired from service is also expected to drive the growth of the aircraft storage industry. The industry is also expected to benefit from the increasing demand for aircraft maintenance and repair services. However, the industry may face challenges such as increasing competition and the need to comply with environmental regulations.
Industry Innovations for NAICS Code 488119-03
Recent groundbreaking advancements and milestones in the Aircraft Storage industry, reflecting notable innovations that have reshaped its landscape.
- Automated Aircraft Storage Systems: These systems use robotics and automation to store and retrieve aircraft, reducing the need for manual labor and increasing efficiency.
- Solar-Powered Aircraft Storage Facilities: These facilities use solar panels to generate electricity, reducing the carbon footprint of the aircraft storage industry.
- Aircraft Preservation Technologies: These technologies help to preserve aircraft while they are in storage, reducing the need for maintenance and repair services.
- Mobile Aircraft Storage Units: These units can be transported to different locations, providing flexibility to aircraft owners and operators.
- Aircraft Storage Management Software: This software helps to manage the storage and maintenance of aircraft, providing real-time information on the status of aircraft in storage.
NAICS Code 488119-03 - Aircraft Storage
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