Aviation & Aerospace Case Study

Aviation & Aerospace Risks & Challenges

In an era where technological advancements are reshaping the skies and beyond, the aviation and aerospace industries face a looming crisis. This case study delves into the critical talent shortage threatening to ground innovation and compromise safety across these sectors. As we stand on the precipice of a new age in air and space travel, the battle for skilled professional has never been more fierce or consequential.

Aviation Talent Risks & Challenges

  • Technician Gap: 35% shortage of required workforce and 30% shortage of aircraft mechanics expected by 2026.
  • Avionics Specialist: 25% gap in demand and a 15% annual increase in demand, with only a 5% growth in qualified professionals.
  • Cybersecurity Experts: 50% of aviation report unfilled cybersecurity positions and average hires only have 1-3 years of experience.
  • Certified Veteran Engineers: 30% eligible for retirement within 5 years.
  • Skill Mismatch: 45% of required skills are not met by the current workforce and 20% vacancy rate in critical R&D positions.
  • Difficulty Locating, Attracting, and Securing Top-Talent: 50% of our study participants report significant challenges.
  • Retaining Talent: 20% annual turnover rate in critical positions.
  • Lack of Employer Value Proposition (EVP): 60% of companies struggle to differentiate themselves.
  • Vetting Process: 35% increase in time-to-hire due to complex screening losing top talent.
  • Diversity Reach: 55% of companies don’t know how to reach diverse talent.
  • Internship Program Lacking: 70% of aviation companies without a robust internship structure.
  • Mentoring: Only 40% don’t have a strategic mentoring program. 
  • Development & Training: 55% of employees report insufficient skill development opportunities.
  • Training & Certifications: 

Aerospace Risks & Challenges

  • Scientists, Aerodynamics, Propulsion, Structural Analysis Engineers: 30% vacancy rate in critical R&D positions.
  • Satellite Technology Experts: 35% of projects are delayed due to talent shortages.
  • Space Systems Engineer: 45% gap between available positions and qualified talent.
  • AI & Data Science Specialist: 65% of aerospace companies struggle to fill those roles.
  • Internship Program: 70% of aerospace companies have significant challenges in establishing and maintaining strong relationships with top-tier interns and educational institutions. 55% of companies cite budget constraints as a major factor limiting their ability.
  • Training & Certifications: 70% of employees feel their company’s training programs are inadequate for keeping up with technological advancement and only 25% of aerospace mfg. companies offer comprehensive ongoing training and certification programs.
  • Vetting Process: 40% of employers and employees with longer hiring cycles lose top talent interest.
  • Lack of Employer Value Proposition (EVP): 65% of mfg. companies struggle to effectively communicate their unique value to potential employees and only 30% of mfg. have a well-defined and compelling EVP.
  • Human Resource and Recruiting: 75% of HR department have difficulty finding top talent specialized skills. 72% of aerospace HR departments are actively seeking or considering partnerships with specialized recruiting firms to address their talent acquisition challenges and risks.
  • Diversity Reach: Only 30% of the workforce from underrepresented groups.
  • Mentoring Program: 52% of mentoring programs lack structure and are not able to reach top educational institutions.
  • Development & Training: 60% of employees feel unprepared for future technological shifts.

The aviation and aerospace industry stands at a critical juncture, facing various risks and challenges that demand immediate attention and innovative solutions. The talent shortage crisis is not just a future concern but a reality that impacts every facet of the industry. Our comprehensive case study has meticulously analyzed these issues using advanced data-driven technologies, allowing us to forecast potential challenges and devise proactive strategies before they escalate into a crisis.

Our team’s collaboration with diverse stakeholders, including employees, executives, interns, and educational institutions, underscores our commitment to understanding and addressing the unique challenges faced by aviation and aerospace companies. Knowledge is power, and foresight is our most potent weapon. By harnessing the capabilities of our data-driven analytics, we’re not just identifying today’s challenges – we’re forecasting tomorrow’s risks with remarkable accuracy.

Not all companies in the aviation and aerospace sectors experience the same difficulties, yet the common threads, technological advancement, and regulatory pressure weave through the entire industry. We possess the expertise and valuable insights necessary to help our partners navigate this complex landscape.

At TAG, we are dedicated to turning challenges into opportunities. Let’s discuss how our tailored solutions can address your specific needs, driving your organization toward a future of sustained growth and innovation. Together, we can transform potential risks into a foundation for success, ensuring that your company not only survives but thrives in the ever-evolving aviation and aerospace industry.

“Reach out to us, and let’s embark on this transformative journey together.”

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