2009 Year-End Review and Forecast
December 1, 2009
The aerospace industry is still smarting from 2008, a year when the world’s financial markets nearly collapsed, sending many industries – including several segments of the aerospace industry – into a tailspin. Yet, aerospace entered this difficult period strong and resilient, and the momentum generated by a remarkable period of growth carried the industry through the last year, and will push aerospace sales to another record year in 2009. AIA estimates that aerospace sales will reach $214.1 billion in 2009, up
more than 4 percent from 2008.