Avionics News July 2020 - 4

Avionics:
A resilient industry
G
o back to the beginning of this year
although the $660 million in sales were still
when it would have been difficult to
3.2% more than the first quarter of 2018.
imagine the current circumstances
To better understand the impact of the
facing humanity. In many respects, the
COVID-19 pandemic specifically on the
year 2020 has not been kind thus far. The
avionics industry, the Aircraft Electronics
international COVID-19 pandemic
Association surveyed its members in
has changed the way we live and
late May to learn how to best support
do business. And it's not just a
them and help weather the storm.
pandemic that is causing concern.
Nearly 150 companies completed
Election-year politics and social
the survey, with nearly two-thirds of
unrest are real and can potentially
the respondents coming from repair
impact our businesses and the
stations located in the United States.
worldwide economy.
While examining the survey results
Geoff Hill
The aviation industry has no
as reported by shops in the U.S., 48%
doubt taken a shot from the
have operated with limitations since
coronavirus. While the world awaits a
the start of the pandemic, but 76% forecast
vaccine, commercial aviation has been
no operational limitations in the next three
especially hard hit. The business and
months. In addition, 79% of the U.S. shops
general aviation industry isn't immune from
have maintained a customer backlog of at
the international health crisis either. Case
least one month, while 14% currently have a
in point, worldwide business and general
backlog of more than three months. Nearly
aviation avionics sales were down 8.8% in
half (49%) of the U.S. repair stations have
the first three months of the year according
Continued on page 19
to the AEA Avionics Market Report,

4

avionics news

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Avionics News July 2020

Table of Contents for the Digital Edition of Avionics News July 2020

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Avionics News July 2020 - Intro
Avionics News July 2020 - No label
Avionics News July 2020 - Cover2
Avionics News July 2020 - 1
Avionics News July 2020 - 2
Avionics News July 2020 - 3
Avionics News July 2020 - 4
Avionics News July 2020 - 5
Avionics News July 2020 - 6
Avionics News July 2020 - 7
Avionics News July 2020 - 8
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Avionics News July 2020 - Cover3
Avionics News July 2020 - Cover4
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