Colombia is hosting F-AIR Colombia for the following reasons:
- Latin America and Colombia have great growth potential in terms of international air traffic, in addition to the expected growth of the aircraft fleet. This affects a greater demand for aircraft maintenance and repair services.
- According to Airbus, between 2018 and 2038, Latin America will need 2,685 new passenger and cargo aircraft to meet the growing demand for transport and replace the existing fleet (1,375 aircraft).
- In terms of air traffic, it is estimated that in the next 20 years Latin America will grow 4.3% on average, more than regions such as North America (3%) and Europe (3.3%).
- The demand for new aircraft in Latin America is concentrated in small or single-aisle aircraft (89%), which favors the implementation of smaller maintenance operations than those required by large aircraft and where Colombia could be a more important player.
- In Latin America, the market value of related activities is expected to reach USD 268 billion. Additionally, the demand for services will require 47,550 new pilots and 64,160 new technicians.
- According to Aerocivil, passenger traffic at Colombian airports was 75.5 million in 2019, 9% more than in 2018. On the other hand, between 2016 and 2019, air cargo transport exceeded one million tons annually. Bogota·s El Dorado Airport moved 710 thousand tons in 2019.
- Colombia has companies with high potential to be suppliers to the international aeronautical industry, certified with the AS 9100 standard. These companies are manufacturers of vehicle parts and pieces and aeronautical service companies.
- The country also has 54 aeronautical training centers offering courses for private and commercial pilots, helicopter pilots, on-board services, aircraft technicians, engine repair, and electrical and electronic systems courses.
- Colombia is using new technologies such as drones, augmented reality, and 3D printing. Avianca has begun using drones to perform fuselage inspections, which has allowed it to reduce operating time.
Source of information:
investincolombia.com.co/es/sectores/manufacturas/aeronautica
