GA Has Positive Trade Balance for U.S.

 - November 4, 2011, 4:55 PM

In testimony before the U.S. International Trade Commission, NBAA president and CEO Ed Bolen said the U.S. civil aviation industry remains “one of the strongest positive contributors to the nation’s balance of trade, despite the daunting economic challenges that have confronted the industry in recent years.” Bolen pointed to GAMA statistics showing that of the 2,015 general aviation aircraft made last year, 1,334 were manufactured in the U.S. and 52 percent–694 aircraft–were sold elsewhere, for an export value of almost $5 billion.