On May 16, 2025, Volusia County hosted its Economic Development "Q" Breakfast, focusing on the significant impact of the aviation and aerospace industries on the local economy. The meeting highlighted the impressive growth of these sectors, which have become vital to the region's economic landscape.
The discussions revealed that the aviation industry contributes a staggering $1 trillion to the U.S. economy, with Florida leading the nation in aviation maintenance and repair operations (MROs) and ranking third in aircraft manufacturing. This sector alone accounts for approximately $336 billion in economic impact within Florida, supporting around 2 million jobs. Notably, Volusia County has experienced a remarkable 67% growth in aviation and aerospace over the past decade, outpacing the overall county GDP growth of 61%.
Local representatives emphasized the importance of this growth, noting that while aviation and aerospace currently represent a small portion of total employment in Volusia County, the potential for expansion is significant. With 64 aviation and aerospace establishments in the area, the sector is poised for further development, with projections suggesting that job numbers could double in the near future.
The meeting also addressed the ongoing pilot shortage affecting the industry, which has created challenges for airlines. Local educational institutions, such as Embry-Riddle Aeronautical University, are seen as key partners in addressing this issue by training the next generation of pilots.
As the meeting concluded, attendees were introduced to speakers from prominent companies in the aviation sector, including Boeing and Aura Aero, who are expected to provide insights into future developments and opportunities within the industry. The discussions underscored the critical role that aviation and aerospace play in Volusia County's economic strategy, highlighting the need for continued investment and support in these sectors to sustain growth and job creation.