Boeing donates $3 million scholarship fund to Embry-Riddle Aeronautical University

posted on 8th March 2019 by Omar

Boeing has awarded a $3 million grant to Embry-Riddle Aeronautical University, in the US, to accelerate pilot training and aviation maintenance programs.

The donation will create a permanent endowment to fund annual scholarships for flight training, maintenance training and certification costs. Scholarships will be made available to all students, with a focus on increasing the number of women, military veteran and minority students enrolling in both programs.

Speaking at the 18th Annual US Chamber of Commerce Aviation Summit, Dennis Muilenburg, chairman, president and chief executive officer for Boeing emphasized the need for increased collaboration within the global aerospace industry, addressing the demand for commercial pilots and technicians.

“It’s essential that industry and higher education work together to increase the pipeline of aerospace talent. Our partnership with Embry-Riddle demonstrates Boeing’s commitment to the continued growth and diversification of the global aerospace industry,” said Muilenburg. “Through this grant, we’ll help more students – with more diverse backgrounds – learn with greater efficiency and perform more effectively once on the job.”

According to Boeing’s 2018 Pilot & Technician Outlook, the industry needs 790,000 new civil aviation pilots and 754,000 new maintenance technicians over the next 20 years. This includes in the commercial aviation, business aviation and civil helicopter industries.

This latest investment builds on Boeing’s long-standing support of STEM programs, women, military veterans and minorities. In 2018, Boeing contributed a record $284 million in attempt to build better communities worldwide.

Feature image from Glassdoor