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Avionics gross sales fell 33 p.c within the third quarter and 27 p.c year-to-date, largely as a result of Covid-19 pandemic, in response to the newest knowledge from the Plane Electronics Affiliation (AEA). Complete gross sales within the three-month interval ending September 30 have been $519.6 million, in contrast with $708.eight million a yr in the past, whereas gross sales for the primary 9 months of 2020 have been $1.67 billion, in contrast with $2.28 billion in the identical interval final yr.
“The numerous contraction of business gross sales over the last six months has been pushed by the worldwide well being disaster,” mentioned AEA president and CEO Mike Adamson. Each retrofit and forward-fit (avionics put in by OEMs) gross sales have been down compared with the identical interval final yr. “Nonetheless, we’re inspired with the path of exercise within the retrofit market, which is up almost 11 p.c over second-quarter whole gross sales,” Adamson added. “As well as, the overwhelming majority of AEA member retailers and producers are persevering with their important operations, and lots of are reporting buyer backlogs that stretch a number of weeks and into subsequent yr.”
Of the AEA members that get away gross sales geographically, North America accounted for almost 73.7 p.c of 2020 gross sales up to now, with different worldwide markets accounting for the rest. That compares with 74.9 p.c North American gross sales and 25.1 p.c worldwide within the first 9 months of 2019.
AEA’s knowledge relies on 21 producers that confidentially report their gross sales to an unbiased third celebration. Greenback quantities which are reported are web gross sales worth, not producer’s urged retail worth, and canopy all enterprise and normal aviation plane electronics gross sales, together with all parts and equipment within the flight deck and cabin, software program upgrades, portables, and licensed and noncertified plane electronics, in addition to all {hardware} from tip to tail, batteries, and chargeable product upgrades. The gross sales figures don’t embody repairs and overhauls, prolonged guarantee, or subscription providers.
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