Exports Drive Revenue Boost for French Aerospace & Defense | Aviation International News

Exports Drive Revenue Boost for French Aerospace & Defense

French industry association GIFAS announced strong growth in revenues and sales for 2015.

Airbus's order book stretches back almost 10 years and is a big contributor to strong results for the French aerospace industry. [Photo: Airbus]

By AIN Staff • AIN Staff

May 3, 2016

French aerospace and defense industry group Gifas celebrated what it described as a record year for its member companies, who collectively achieved an 8.5 percent increase in 2015 revenues at €58.3 billion ($65.9 billion). Exports were especially strong last year, growing by 14 percent, to €39.4, billion ($44.5 billion) and representing 83 percent of total revenues for the French industry.

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