Powered by LevrNAICS 611512: Flight training
NAICS 611512 is the industry code for flight training. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 611512 covers
Flight schools train pilots for private, commercial and airline licenses, and provide aircraft type ratings and simulator training.
Included in this code
- Pilot training schools
- Flight simulator training
- Helicopter flight training
- Aircraft type rating training
- Drone pilot certification training
Not this code
- Air charter services: see 481211 Nonscheduled chartered passenger air transportation
- Aircraft rental without instruction: see 532411 Commercial air, rail, and water transportation equipment rental and leasing
Businesses that use 611512
Financing for this trade
Flight schools finance training aircraft and simulators with aircraft loans and equipment financing, hangars with SBA 504 loans, and working capital with lines of credit. Lenders look at aircraft values, utilization, FAA certifications and student financing partners.
Apply for funding with AIIs 611512 the right code for a flight school?
Yes, if your main business is training pilots, from private licenses to airline type ratings and simulator programs. If you mostly rent aircraft without instruction, 532411 may fit. Charter flight operators use 481211. Helicopter academies, Part 61 and Part 141 schools and simulator centers all fit here, as do drone pilot certification courses.
What is the SBA size standard for 611512?
SBA sets the size standard for 611512 at $34 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Flight training schools at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent flight training schools fall well inside the limit, so size is rarely what decides an SBA application.
How do flight schools finance aircraft?
Most use aircraft loans or leases secured by the airplanes and equipment financing for simulators, with SBA 504 loans for hangars and SBA 7(a) loans for working capital. Lenders look at aircraft values and hours, utilization, FAA certificates and student enrollment.
What does NAICS 611512 cover?
Flight training. Industry level code in NAICS 2022, under 61 Educational services, 611 Educational services, 6115 Technical and trade schools, 61151 Technical and trade schools.
What financing do NAICS 611512 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 611512?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.