World aircraft market to reach $191.3 billion in 2020, says Teal Group analyst
BAYTOWNE, Fla., 6 Sept. 2011. Aviation markets have enjoyed remarkable growth rates over the past decade, and it is a trend likely to continue throughout the next 10 years, according to the findings of Richard Aboulafia, vice president of analysis at aerospace and defense analysis firm Teal Group in Fairfax, Va. In fact, he currently considers the aviation industry to be “a safe haven in a world of economic turmoil."