Brookings Institute Report Sings GA's Praises | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Tue, Jul 27, 2010

Brookings Institute Report Sings GA's Praises

Wichita Leads U.S. Cities In Exports

The Brookings Institution released a study Monday pointing to Wichita, the home of Bombardier Learjet, Cessna Aircraft Company, and Hawker Beechcraft Corporation, as the leading U.S. city with respect to exports driving Gross Metropolitan Product (GMP).

The report recognizes Wichita's "aviation cluster" as its main source of exports and points to Cessna's growth in exports of 166 percent between 2005 and 2008 to developing regions such as Latin America, Asia and the Middle East. Hawker Beechcraft Corporation experienced an increase in exports by more than 390 percent between 2004 and 2009 and accounted for approximately half of the company's sales in 2008 and 2009.

"This report underscores the critical role that general aviation airplane manufacturing needs to play if the Administration is to meet its goal of boosting exports," said Pete Bunce, GAMA's president and CEO. "We have lost a significant portion of our workforce during this economic downturn. Our recovery depends on an evermore robust export market for US manufacturers. It is essential that the Administration more fully embrace the general aviation industry and actively promote it as a significant contributor to economic prosperity and quality jobs in this country."

Bunce (pictured, right) added, "We call on the Administration to publicly recognize the value of this industry by advancing policies and regulations that support general aviation manufacturing's recovery and continued growth, which include eliminating barriers to entering new markets and ensuring a level playing field worldwide for the sale and maintenance of general aviation aircraft."

In his State of the Union address, President Obama called for a new National Export Initiative (NEI) to double U.S. exports over the next five years. The Brookings report points to only four metropolitan areas, including Wichita, which have doubled their exports during the preceding five years. "We would welcome a visit from President Obama to Wichita to emphasize the importance of general aviation to the nation's economy and to promote export growth strategies for the future that will put more Americans to work," said Bunce.

FMI: www.brookings.edu/reports/2010/0726_exports_istrate_rothwell_katz.aspx

Advertisement

More News

ANN's Daily Aero-Term (05.05.24): Omnidirectional Approach Lighting System

Omnidirectional Approach Lighting System ODALS consists of seven omnidirectional flashing lights located in the approach area of a nonprecision runway. Five lights are located on t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.06xx.24)

“Our aircrews are trained and capable of rapidly shifting from operational missions to humanitarian roles. We planned to demonstrate how we, and our BORSTAR partners, respond>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC