Global Aerospace Industry Poll Suggests Reduced Impact of Economic Crisis on Industry

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Global Aerospace Industry Poll Suggests Reduced Impact of Economic Crisis on Industry

14 November 2011

In October 2011, a PRI web poll asked “Do you think the worst of the economic crisis is over?”. Of the 348 respondents, 79% feel that the worst is not over. This is up from 2010 where 64% thought they had not seen an end to the decline. However even though people are expecting the crisis to worsen, another PRI poll indicated that business is being affected less by the economic problems than before.

In July 2011, PRI asked “Is the economy affecting your business?”. 80% of the 121 respondents confirmed that it was affecting their business. This number is down from 2 years prior where, in July 2009, 91% of the 238 respondents felt that their business was being affected by the economy.

This suggests that while people do not believe the worst is over, there is less concern about the impact of the economic crisis on the aerospace industry.