AIA President welcomes rebound in business aviation.

Press Release Summary:



Signs of recovery in business aviation industry are gratifying as reported at 10th annual European Business Aviation Convention and Exhibition in Geneva, which reported strong attendance with sold out exhibit and static display space. Upticks in first quarter flight traffic were reported in Europe and the United States. Business aviation industry contributes around $150 billion to U.S. economy and generates 1.3 million jobs.



Original Press Release:



AIA President Marion C. Blakey Welcomes Rebound In Business Aviation



Arlington, Va. - Signs of recovery in the business aviation industry are very gratifying as reported at last week's 10th annual European Business Aviation Convention & Exhibition (EBACE) in Geneva. Upticks in first quarter flight traffic were reported in Europe and the United States, and the show reported strong attendance and sold out exhibit and static display space. The business aviation industry contributes around $150 billion to the U.S. economy and generates 1.3 million jobs.

"We are particularly pleased, but not surprised, that business aviation flights are climbing so early in this economic recovery." AIA President and CEO Marion C. Blakey said. She noted businesses tend to invest in necessities in the early stages of a recovery, not luxuries, and the upward trend for business aviation underscores the vital role it plays for companies all over the globe. "We were confident that this sector of our industry aviation would rebound in time and, happily, it seems to be occurring ahead of expectations."

Founded in 1919, the Aerospace Industries Association represents the nation's leading manufacturers and suppliers of civil, military, and business aircraft, helicopters, unmanned aircraft systems, space systems, aircraft engines, materiel, and related components, equipment services, and information technology.

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