Aerospace Industry News

Aerospace Manufacturing and Exports Take Off

Manufacturing output from the Australian aerospace industry has increased by over 100% (in real terms) in the last four years whilst exports have increased from about $150 million. These figures are based on a survey of the industry’s performance conducted by officers of the Aerospace Industry Council, the Association of Australian Aerospace Industries and the Department of Industry, Technology and Commerce recently. The results of this survey were compared with figures produced by the Bureau of Industry Economics based on 1983/84 input.

Discussions with company executives have confirmed that there is a real expectation that both total output and export sales will again increase over the next five years. Increases in export sales by six fold in 1997/98 are probable.

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