Monthly Archives: November 2014

Idaho’s Aerospace Ecosystem

Idaho has over 200 existing aerospace companies, and has seen nearly 40 percent growth over the past two decades. The state’s industry list includes only certain industry-specific North American Industrial Classification System (NAICS) codes, and underestimates the impact of the aerospace industry on Idaho. Because NAICS codes are limited to one function of a business, […]

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Idaho’s Aerospace Solution

Idaho’s Aerospace Solution As the airline industry continues to consolidate, oil prices increase, and consumer expectation for reduced price continues, the margins of the aerospace industry are becoming increasingly thin. This pressure permeates through the supply chain, and is the driver of the critical location factors for aerospace companies looking to start, expand or relocate. […]

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The Aerospace Opportunity & Current Landscape

According to the 2014 Global Market Forecast by Airbus and Boeing’s 2014 Current Market Outlook, in the next 20 years 29,000-36,000 new planes will be needed to replace older, less efficient airplanes and to grow existing fleets. Expansion of emerging-market economies, such as China, will foster a growing need for fast, efficient transport of goods, […]

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Idaho’s Aerospace Advantage Introduction

As an emerging industry, aerospace is quickly becoming an important factor in Idaho’s economy. Our vast airspace and technological capabilities make Idaho uniquely positioned to play a significant role in the research, development, and testing of aviation-related products. Companies like Quest, Empire Airlines, and Western Aircraft have realized that the state’s proximity to several large […]

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