Embry-Riddle Worldwide, AIA to Produce New Aerospace Industry Publication

Daytona Beach, Fla., May 4, 2011 – The Aerospace Industries Association (AIA) and the Center for Aviation and Aerospace Leadership (CAAL) at Embry-Riddle Aeronautical University – Worldwide have agreed to jointly produce a new publication for the aviation and aerospace industry.

Aerospace Industry Report 2011 will be published in May 2011 and will provide an extensive business and market review of the U.S. aerospace industry, as well as the global economy. A major reference resource for the industry, the book will contain analysis and statistics on key sectors of the industry and insights on emerging issues such as rare earth minerals and strategic metals, and counterfeit parts.

“Both AIA and Embry-Riddle share the goal of providing resources to enable aerospace manufacturers and service providers to become more competitive,” said AIA President and CEO Marion C. Blakey. “Leveraging the resources of both our organizations in this new reference book will be an important contribution to our industry and a new chapter in AIA’s role as an authoritative source of industry information.”

“Embry-Riddle is delighted to partner with AIA to produce this new report,” said Dr. John R. Watret, Executive Vice President and Chief Academic Officer of Embry-Riddle Aeronautical University – Worldwide. “Aerospace manufacturing is critical to the U.S. economy and both AIA and Embry-Riddle have deep roots in the industry.”

AIA’s annual Aerospace Facts & Figures, the industry standard for 57 years, is merging with CAAL’s Aerospace Economic Report and Outlook (AERO) with the new publication. AERO was introduced in 2010 at the first annual Aviation and Aerospace Manufacturing Summit to be a resource for 21st century industry success.

AIA, which represents the nation’s major aerospace and defense manufacturers, was founded in 1919. Embry-Riddle was founded in 1925. Today, AIA has nearly 350 corporate members, while Embry-Riddle – Worldwide offers degree programs online and at more than 150 locations in the United States, Canada, Europe, Asia and the Middle East.

“Our goal is to produce a comprehensive, fact-filled report that will meet the needs of industry, government, and academic communities,” said Dr. Bruce Ellis, Senior Aerospace Economist and Manufacturing Strategist at CAAL. In agreement, Bill Chadwick, Director of Aerospace Research at AIA, notes, “One of the primary objectives of the new report is to help manufacturers and policy makers make more informed decisions, and we believe we’ve hit that mark.”

“This partnership will also help small-to-medium sized aerospace manufacturers, by providing them with the resources they need to become more competitive in today’s global market,” said Brig. Gen. Robert Mansfield, USAF (Ret.), Aerospace Executive in Residence at CAAL. “It is important to keep in mind that these manufacturers play a key role in the U.S. aerospace industry and that the aerospace industry is critical to national defense.”