The aviation industry deals with the design, development, production and operation of aircraft. The industry involved in the various aspects of building, testing and selling of aircraft, aircraft components, missiles, spacecraft, and rockets in known as aerospace manufacturing. Until some decades ago, the aviation industry in many parts of the world was heavily regulated by the governments. More recently many private players have entered this field by operating airlines and general aviation flights. Airlines are the companies that lease or own the aircrafts that provide air transport services for passengers and freight. General aviation includes air charter, flight training, private aviation, parachuting, aerial photography, gliding, crop dusting, etc. which opens up vast avenues for potential entrepreneurs to explore. This also provides a great opportunity for producers of smaller aircraft. General aviation covers the majority of the world’s air traffic and is therefore a very popular business option among the wealthy and ambitious entrepreneurs. The aviation industry has been growing at a phenomenal rate since the governments of many countries liberalized aviation norms and regulations. Globalization also played a significant role in the growth of this industry. Read on to learn about the life and works of various famous business people in the aviation industry from all over the world.
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