“With avionics sales trending in the right direction over the last nine months, it appears that a slow and steady industry recovery is underway,” said AEA President and CEO Mike Adamson. “The last six months of 2020 saw a rebound in retrofit sales, and it’s encouraging to see forward-fit sales up sharply from the previous quarter in the aircraft manufacturing sector. As new products are introduced at the AEA Convention in June and EAA’s AirVenture in July, I’m hopeful that avionics manufacturers will be able to clear some of the supply chain hurdles they face and continue this upward trend.”
‘Slow and steady’ recovery begins for avionics industry
by General Aviation News Staff | May 11, 2021 | 20210603, AEA, Aircraft Electronics Association, Aviation News, Avionics, General Aviation, News | 0 comments