Avionics News June 2021 - 4

Back in the saddle again...
F
or the third straight quarter, we have seen
growth in sales figures for the business and
general aviation avionics market. According
to the latest AEA Avionics Market Report, retrofit
and forward-fit avionics sales have traded back and
forth on which segment can make the bigger jump in
numbers. Aftermarket sales were leading the way until
the first quarter of 2021 saw a 19% jump in forward-fit
activity signaling an improvement in aircraft
production. While the overall sales numbers
are down considerably from 2019 records,
the new data continues the quarter-to-quarter
increases that started in mid-2020.
Is the industry back in the saddle again?
Yes, but we're just at a walk or trot for
now. As the pace of economic recovery
dominates the headlines, we'll have to
see what the second quarter brings. Shop
owners continue to point to increasing backlogs amid
a rising need for qualified technicians and supply
chain constraints for the manufacturers. The AEA jobs
board tripled its number of postings in recent months
signaling healthy growth and the pre-pandemic
workforce needs we faced are returning.
While the sales figures continue to grow, the
trade show and air show business that helps fuel the
growth by driving new product announcements and
bringing hundreds of thousands of enthusiasts to
convention centers and airports are finally making
their return. Author Dave Higdon highlights the
events of Sun 'n Fun and how " Show Business is
Back " beginning on page 20.
I also had the opportunity to attend the first
in-person aviation show to be held in more than a year
and experienced the same energy and enthusiasm that
many attendees and exhibitors did. Overwhelmingly,
there was relief and appreciation to be able to meet
face to face and talk business.
Coming off a successful Sun 'n Fun event, the AEA
International Convention & Trade Show in Dallas is
up next, June 22-25, after a 15-month wait.
A month later, the Experimental Aircraft
Association will welcome several hundred
thousand attendees back to AirVenture
Oshkosh followed by an in-person NBAA
Convention in Las Vegas this fall.
For AEA members, the wait will be
Mike Adamson
worth it. With an exhibit hall that is almost
sold-out and hundreds of shops already
committed to attend, the technology experts
will be back to train, network and grow their sales.
This is the essential show for essential business. And
yes, there is still time to register to attend. We will
miss our many international attendees this year who
simply can't get past travel restrictions, but we look
forward to welcoming everyone back at the AEA
Connect Conferences later this year or when we
convene again in New Orleans in 2022. q
MIKE ADAMSON
President & CEO, Aircraft Electronics Association
4 avionics news * june 2021

Avionics News June 2021

Table of Contents for the Digital Edition of Avionics News June 2021

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Avionics News June 2021 - Intro
Avionics News June 2021 - No label
Avionics News June 2021 - Cover2
Avionics News June 2021 - 1
Avionics News June 2021 - 2
Avionics News June 2021 - 3
Avionics News June 2021 - 4
Avionics News June 2021 - 5
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Avionics News June 2021 - Cover3
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