Sales Down By 6.5 Percent Over Same Period In 2015
The Aircraft Electronics Association released its second-quarter 2016 Avionics Market Report. In the first six months of the year, total worldwide business and general aviation avionics sales amounted to $1,115,259,960.19, or more than $1.1 billion as reported by the participating companies. The report indicated a 6.5 percent decrease in year-over-year sales compared to the first six months of 2015 amount of $1,192,619,894.32.