Avionics Sales Continue Downward Trend
Sales of aircraft avionics and related equipment were down for a second year in a row, says the Aircraft Electronics Association (AEA) in their annual market report. Sales totaled $2.26 billion in 2016, down 6.4% from $2.42 billion the prior year. The market for forward-fit avionics—sales of equipment destined for newly manufactured aircraft—slid 9.4%, fairing […]