Total Year-End Sales Exceed $2.2 Billion In 2016, But Down From Previous Year
The Aircraft Electronics Association has released its 2016 year-end Avionics Market Report, and the news was not good. The report shows total worldwide business and general aviation avionics sales for the year amounted to $2,261,534,820, or more than $2.2 billion. The figure represented a 6.4 percent decrease in sales compared to the previous year as reported by the participating companies in 2015.