Source: CNBC
Dean Baldwin Painting, founded in 1965, is an aircraft painting company with five facilities across the U.S. It has painted aircraft for some of the largest airlines in the world, including United, Delta and JetBlue. The cost to manufacture, operate, maintain and fly commercial aircraft is generally expensive, but not many think about the expense that goes into painting one.
The average cost falls between $175,000 and $200,000, according to the company. The entire painting process can take up 10 days and involves multiple engineers, painters and inspectors, all of whom are responsible for meeting the standards set by the Federal Aviation Administration.
The market itself is a growing one: The global commercial aviation aircraft paint market was estimated at nearly $18.5 billion in 2020 and is expected to grow to a $65 billion by 2027.
