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-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

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

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

ANN's Daily Aero-Term (05.13.24): ILS PRM Approach

ILS PRM Approach An instrument landing system (ILS) approach conducted to parallel runways whose extended centerlines are separated by less than 4,300 feet and at least 3,000 feet >[...]

ANN's Daily Aero-Linx (05.13.24)

Aero Linx: FlyPups FlyPups transports dogs from desperate situations to fosters, no-kill shelters, and fur-ever homes. We deliver trained dogs to veterans for service and companion>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

Also: NBAA on FAA Reauth, DJI AG Drones, HI Insurance Bill Defeated, SPSA Airtankers The Beechcraft Denali continues moving forward towards certification, having received its FAA T>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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