UK GA manufacturers and traders focus on uncertainties
Almost half of the UK’s General Aviation Manufacturers & Traders Association (GAMTA) members have declared themselves to be less optimistic about busin
Almost half of the UK’s General Aviation Manufacturers & Traders Association (GAMTA) members have declared themselves to be less optimistic about business prospects than they were 12 months ago. In survey results published at the group’s annual conference on March 6, only 16 percent said they are now more optimistic than they were when the last survey was taken in March last year, six months after September 11.
According to GAMTA chief executive Graham Forbes, “The biggest single issue influencing GAMTA members’ outlook is the negative effect of the Iraq uncertainties.” But despite concerns over the war in Iraq, he said that the industry does not appear to be suffering from a long-term “endemic disease.”
