Avionics News May 2014 - 34
CONVENTION HIGHLIGHTS
Continued from page 33
Michael Dyment, general partner with NEXA Capital Partners,
manager of the NextGen GA Fund, answers questions during an
informational luncheon.
Plenty of boots were scootin' across the spacious dance floor at the
The Wildhorse Saloon in downtown Nashville - the site of
the AEA's Firsty Nighter Party.
34
avionics news
*
may
2014
When you're hot, you're hot
The adjustment was necessary since the association's
2012 market report was discovered to include data beyond the business and general aviation markets it was
designed to sample. Recognizing the issue, the AEA also
announced it has narrowed the dollar amount reported by
the participating manufacturers to only include the business and general aviation markets, a clarification for participating companies that will eliminate the need to make
the same adjustment again.
"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," Derks said. "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."
Of the more than $2.4 billion in total sales reported
for 2013, more than $1.3 billion came from forward-fit
sales the association said, comprising 54 percent of the
industry's total sales. Meanwhile, aftermarket or retrofit
sales amounted to more than $1.1 billion, comprising 46
percent of total sales during the year. The AEA first introduced its Avionics Market Report in March 2013, during
the 56th annual AEA International Convention & Trade
Show in Las Vegas, Nev.
"Prior to 2012, there never had been an effort to capture
the true dollar size of the business and general aviation
avionics market," said Derks on releasing the 2013 numbers. "The concept to produce the AEA Avionics Market
Report began in April 2012, when the AEA formed an ad
hoc committee comprised of representatives of avionics
manufacturers to create a tool for strategic planning and
examining market share. This report provides valuable information to promote our industry to investors and inform
our elected officials of the global economic value of the
business and general aviation avionics industry."
Continued on page 36
Avionics News May 2014
Table of Contents for the Digital Edition of Avionics News May 2014
Point of Communication
AEA Now
The View From Washington
International News and Regulatory Updates
Five Years In
Member Profile
Putting it to Music
Meet the AEA Board of Directors
A Conversation With...
Member Profile
AEAviators
Business Basics
Being Prepared
Study and take the test!
Legal Ease
Aviation Aces
What's New
Marketplace Classifieds
Avionics News May 2014 - Intro
Avionics News May 2014 - Cover1
Avionics News May 2014 - Cover2
Avionics News May 2014 - 1
Avionics News May 2014 - 2
Avionics News May 2014 - 3
Avionics News May 2014 - Point of Communication
Avionics News May 2014 - 5
Avionics News May 2014 - AEA Now
Avionics News May 2014 - 7
Avionics News May 2014 - 8
Avionics News May 2014 - 9
Avionics News May 2014 - 10
Avionics News May 2014 - 11
Avionics News May 2014 - 12
Avionics News May 2014 - 13
Avionics News May 2014 - The View From Washington
Avionics News May 2014 - 15
Avionics News May 2014 - International News and Regulatory Updates
Avionics News May 2014 - 17
Avionics News May 2014 - 18
Avionics News May 2014 - 19
Avionics News May 2014 - Five Years In
Avionics News May 2014 - 21
Avionics News May 2014 - 22
Avionics News May 2014 - 23
Avionics News May 2014 - 24
Avionics News May 2014 - 25
Avionics News May 2014 - Member Profile
Avionics News May 2014 - 27
Avionics News May 2014 - 28
Avionics News May 2014 - 29
Avionics News May 2014 - Putting it to Music
Avionics News May 2014 - 31
Avionics News May 2014 - 32
Avionics News May 2014 - 33
Avionics News May 2014 - 34
Avionics News May 2014 - 35
Avionics News May 2014 - 36
Avionics News May 2014 - 37
Avionics News May 2014 - 38
Avionics News May 2014 - 39
Avionics News May 2014 - 40
Avionics News May 2014 - 41
Avionics News May 2014 - 42
Avionics News May 2014 - 43
Avionics News May 2014 - Meet the AEA Board of Directors
Avionics News May 2014 - 45
Avionics News May 2014 - 46
Avionics News May 2014 - 47
Avionics News May 2014 - A Conversation With...
Avionics News May 2014 - 49
Avionics News May 2014 - Member Profile
Avionics News May 2014 - 51
Avionics News May 2014 - 52
Avionics News May 2014 - 53
Avionics News May 2014 - AEAviators
Avionics News May 2014 - 55
Avionics News May 2014 - Business Basics
Avionics News May 2014 - 57
Avionics News May 2014 - 58
Avionics News May 2014 - 59
Avionics News May 2014 - Being Prepared
Avionics News May 2014 - 61
Avionics News May 2014 - 62
Avionics News May 2014 - 63
Avionics News May 2014 - Study and take the test!
Avionics News May 2014 - 65
Avionics News May 2014 - 66
Avionics News May 2014 - 67
Avionics News May 2014 - Legal Ease
Avionics News May 2014 - 69
Avionics News May 2014 - 70
Avionics News May 2014 - 71
Avionics News May 2014 - Aviation Aces
Avionics News May 2014 - 73
Avionics News May 2014 - What's New
Avionics News May 2014 - 75
Avionics News May 2014 - 76
Avionics News May 2014 - 77
Avionics News May 2014 - Marketplace Classifieds
Avionics News May 2014 - 79
Avionics News May 2014 - 80
Avionics News May 2014 - Cover3
Avionics News May 2014 - Cover4
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