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AIA forecasts slowing sales but no 'significant downturn'

The US Aerospace Industries Assn. said yesterday that US civil aircraft sales are on pace to reach $80.6 billion in 2008, up 0.5% from $80.2 billion last year. It forecast that civil aircraft sales will rise 7.4% to $86.6 billion in 2009. Speaking at AIA's annual forecast luncheon in Washington, President and CEO Marion Blakey asserted that the "main reason [for slow growth this year] was not the economic atmosphere but the work stoppage at Boeing." She added, "The [US] aerospace industry is ...

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