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-05.12.25

Airborne-NextGen-05.13.25

AirborneUnlimited-05.14.25

Airborne-FlightTraining-05.15.25

AirborneUnlimited-05.16.25

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 FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

ANN's Daily Aero-Term (05.13.25): Cleared For The Option

Cleared For The Option ATC authorization for an aircraft to make a touch-and-go, low approach, missed approach, stop and go, or full stop landing at the discretion of the pilot. It>[...]

Aero-News: Quote of the Day (05.13.25)

“...no entity, whether a division of government or a private company or corporation, may use information broadcast or collected by automatic dependent surveillance-broadcast >[...]

Aero-News: Quote of the Day (05.14.25)

“While our traditional mechanical magnetos will be around for a long time, Hartzell Engine Tech acquired E-MAG to expand its PowerUP Ignition System product portfolio into bo>[...]

ANN's Daily Aero-Term (05.14.25): Flight Check

Flight Check A call-sign prefix used by FAA aircraft engaged in flight inspection/certification of navigational aids and flight procedures. The word “recorded” may be a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC