Aerospace a strong performer in 2005

Aviation International News » January 2006
September 26, 2006, 10:54 AM

Civil aviation experienced the highest percentage growth of all sectors of aerospace sales last year, increasing 20 percent to $39 billion. According to the Aerospace Industries Association (AIA), overall, aerospace sales increased by $14 billion to reach a record industry-wide level of $170 billion last year. AIA’s outlook for this year is solid, calling for 8.2-percent growth, to $184 billion.

AIA will work on several new initiatives this year, including making improvements in the U.S. export control system, which many say is cumbersome and needs streamlining.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X