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Avionics sales dip in Q3

from AVweb

Avionics sales dipped slightly in the third quarter of 2014 with total sales more than $614 million, according to statistics released by the Aircraft Electronics Association. That's a 5-percent drop compared to the same period of 2013, which saw $646 million in sales. Total sales to date in 2014 topped $1.9 billion, up 2.7 percent from last year's $1.868 million. "While it is disappointing to see the third-quarter sales drop slightly compared to the first half of the year, the industry has experienced modest year-over-year growth in sales compared to the first nine months of 2013," said AEA President Paula Derks. more

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