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Fri, Mar 14, 2014

Aero-News: Quote Of The Day (03.14.14)

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 association and the participating manufacturers agreed that it was important to adjust the report to only reflect the amount of total avionics sales in the business and general aviation markets. It was recently discovered that some of the participating manufacturers inadvertently included sales from their military and air transport markets when they reported 2012 year-end sales figures. However, the mission of the AEA Avionics Market Report is to exclusively measure the value of the avionics industry for business and general aviation, both forward-fit and retrofit sales. It's also important to note that the 2012 year-end adjusted amount is not a reflection of a downturn in sales. It is simply a correction of last year's sales total for the business and general aviation market only, and we do not expect any further adjustments to future reporting.”

Source: Paula Derks, AEA president, announcing the 2013 Year-End Avionics Report.

FMI: www.aea.net

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