Avionics News June 2019 - 12

Worldwide avionics sales exceed $724
million in first three months of 2019
The Aircraft Electronics Association recently
published its first-quarter 2019 Avionics Market
Report. In the first three months of
the year, total worldwide business
AEA
and general aviation avionics sales
Avionics
amounted to $724,168,387.64, or
Market Report
more than $724 million as reported
by the participating companies. The
figure represented a 13.2% increase
in total sales compared to the firstPublished
by the
quarter 2018 amount of $639,796,979,
or more than $639 million.
"While it is likely that ADS-B installations in the
United States are a contributing factor to the increase

in year-over-year sales as we get closer to the FAA's
equipage deadline, those are fairly straight-forward
installations," said AEA President and
CEO Mike Adamson. "Our member
repair stations report that they are
also doing an increasing number of
full-panel retrofits. Installations of
new electronic flight displays, digital
autopilots, engine monitor systems,
in-flight connectivity and other
technologies are keeping the shops
extremely busy, and the ongoing work
has helped drive an increase in year-over-year sales
for nine-straight quarters." q

AEA Technology Incubator set for Aug. 28
Demystifying the FAA for entrepreneurs

Are you an inventor always coming up with
something new; the vendor marketing the next great
invention; the customer who designed a solution but
doesn't know the next step?
For years, the AEA has helped startup manufacturers
navigate the complex world of aviation regulations
through on-demand, one-off requests. As these requests
have grown in frequency, the AEA has strategically
developed a structured forum to offer greater assistance
to these startup companies. To achieve the goals of
the AEA Technology Incubator, the association has
organized a one-day event scheduled for Wednesday,
Aug. 28, at its international headquarters in Lee's
Summit, Missouri.
To attend this forum, the manufacturer must
not hold an FAA production approval; however, it
may hold a NORSEE approval. This is a forum for
startup companies or new entrants into the certified
aircraft industry. This is not a forum for established
manufacturers.
The AEA Technology Incubator is designed to

12

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june

2019

demystify the path forward to producing parts for
certified aircraft with a focus on producing these parts
under the FAA oversight. The best and most successful
way to demystify anything in aviation is to open the
path for communication. The AEA Technology Incubator
will include presentations and discussions focused on
understanding the FAA regulatory structure, as well as
the Part 23 and production regulations, guidance and
policies. In addition, the AEA Technology Incubator will
offer ample opportunity to interact with the association
staff, FAA personnel and other attendees.
The goals of the AEA Technology Incubator are
simple and straightforward:
*	 Encourage new technologies.
*	 Encourage the promotion of safety-enhancing
technologies.
*	 Facilitate and encourage the communications
between new aviation entrants and the FAA.
Due to space limitations, attending companies are
limited to two participants. Applications are being
accepted online at aea.net/events/incubator. q


http://aea.net/events/incubator

Avionics News June 2019

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