The aviation and aerospace industries are made up of both airlines and aircraft manufacturers, as well as all companies dealing with the production of spacecrafts and satellites. The development of
has been pointing upward for years. While the industry generated 24.7 billion euros worth of revenue in 2010, in 2017 the amount was already 40 billion euros.
The
number of employees in the German aviation and aerospace industries also reached a new record high with over 109,500 employees. The largest
revenue share in the aviation and aerospace industries falls upon the civil aviation sector, ahead of defense and security, as well as space travel.
The U.S. are the country with the largest revenue share in the aviation and aerospace industries at over 40 percent. The revenue of
Boeing alone amounted to over 86 billion U.S. dollars in 2013. European countries reached a share of 38 percent together.
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