AEA Reports Year-to-Date Avionics Sales Top $2.4 Billion
In spite of dipping slightly compared to last quarter, Q3 sales are still some of the highest on record.
In spite of dipping slightly compared to last quarter, Q3 sales are still some of the highest on record.
During the opening presentation, 33 new products from various aviation companies were introduced.
Industry group reported a nearly 22 percent year-over-year increase in 2022 sales across its surveyed companies.
The AEA said avionics sales increased 4.6 percent from the second to the third quarter this year, marking nine consecutive quarters of increasing sales.
The Aircraft Electronics Association says total sales of avionics so far this year topped $13 billion.
Five quarters in a row of growth in the avionics market illustrate the recovery of general aviation following 2020.
According to its second quarter 2021 Avionics Market Report, the Aircraft Electronics Association (AEA) says sales during the first half of 2021 exceeded $1 billion. While the exact figure of $1,069,737,831 represents a 7.1 percent decrease in total sales compared to the first six months of 2020, during the second quarter months of April, May, […]
Among a host of new products and services on display at the Aircraft Electronics Association convention in Dallas, Texas, MyGoFlight offered two distinct innovations that stood out. The Colorado-based company known at first for flight deck mounting hardware and other targeted tools for GA aircraft debuted its InfinityPower panel-mounted USB charging unit and showed off […]
The FAA and the Aircraft Electronics Association announced on June 23 that it has accepted the association’s petition for approval of its avionics repair apprenticeship program, and that completion of the program satisfies the requirements for issuance of an avionics repairman certificate. The program validates the way that many new avionics repair technicians come into […]
The Aircraft Electronics Association has determined that the avionics market’s overall activity was down by 26 percent in 2020 over the previous year—but 2019 was a record-high year for the industry. The association released its annual Avionics Market Report on February 9 for 2020. Total worldwide sales for business and general aviation avionics reached more […]