The Aircraft Electronics Association’s data shows that worldwide avionics sales, while still topping $1.1 billion, fell by almost a quarter in the first half of 2020. Earlier reports disclosed that sales fell overall by 8.8 percent in the first quarter but picked up substantially worse losses in the second quarter, with a reduction of 37.3 percent compared to 2019, which was a historically strong year with total sales of more than $3 billion. Overall, for the first half of the year, total sales are down almost 24 percent.
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/aea-avionics-sales-fall-dramatically-in-second-quarter