Exports of the aerospace industry surpasses US$7 billion

Exports of the aerospace industry surpasses US$7 billion

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Aeronautic industry exports peaked at US$7.16 billion during 2016, which is a 7.2% increase, compared to 2015. Luis Lizcano, General Director of FEMIA, explained that the Mexican aerospace industry has a great opportunity to grow, considering that the demand for airplanes will double over the next 20 years. In his own words, "Air traffic is the industry's propellerā€. The 2017 forecast for the Mexican aeronautic industry is to have exports of nearly US$8 billion.

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