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Science Blog

Business Idea

2/23/2020

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Hey guys! Post #2 going up here and now. This week, I want to talk to you guys about a business idea that I have for high-school students interested in flying. In my entrepreneur class, we have been talking about how to create and spur a business idea forward. My idea is to design a business plan and propose it to high-schools and local airports. This business plan would essentially be that students could pay a base fee for six months and be a part of weekly on-ground flight classes. And then, once a month, they would have the opportunity to go up with an experienced pilot and fly for an hour. By their third month, they would get to take over the left seat controls in the air, if their teachers feel they are prepared and they have the equivalent of an A standard. 

​I think this idea would be excellent - especially if targeting the trigger audience of women. Right now, according to the Federal Aviation Administration (FAA), 6.3% of commercial pilots are women and 6% are non-commercial.  On top of this, in the next decade, over 637 thousand new pilots will be needed in the next 20 years, in order to keep up with demand, according to CNN Money. That is 87 new pilots every day or one every 15 minutes. These statistics, when really evaluated, should be overwhelming. We need to be addressing this and instituting programs where the upcoming generations feel they can afford flight lessons and have the time to take the on-ground preparations. 

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    Garret Reich...

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