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Sat, Jun 03, 2023

Aero-News: Quote of the Day (06.03.23)

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

"This quarterly report offers mixed results, as the industry posted a lower dollar amount in sales when compared to the fourth quarter of last year, while at the same time reporting an increase in sales of more than 22-percent compared to the first three months of 2022. Also of note, the industry garnered the largest forward-fit sales volume in the history of the report with more than $467-million in avionics sales to OEMs. It is only the second time that quarterly sales have topped $400-million in that category."

Source: AEA President and CEO Mike Adamson, explaining AEA's 1Q/23 sales stats.

FMI: https://aea.net/marketreport

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