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Tue, Feb 20, 2018

Aero-News: Quote of the Day (02.20.18)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"The sales growth in the retrofit market is the obvious headline for the year. With more than a 20 percent increase in sales, the retrofit market may be positively impacted due to an uptick in the aircraft equipage rate ahead of the FAA's 2020 deadline for ADS-B Out avionics. The retrofit surge also could be partially attributed to the possibility that aircraft owners are choosing to have additional avionics work done while simultaneously coming into ADS-B compliance. Many avionics shops are telling us that aircraft owners are electing to order full-panel avionics upgrades rather than just the ADS-B equipment. It will be interesting to see whether the retrofit market continues to grow significantly in the next two years as the mandate draws closer."

Source: AEA President Paula Derks.

FMI: www.aea.net

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