Industry Focus: Global Aerospace Production Soars To New Heights
Business Facilities
SEPTEMBER 3, 2014
Fuel costs, as a percentage of total operating costs for airlines, have risen from an average of 13.6 percent in 2001 to an estimated 31 percent in 2013. The state also offers tax exemptions on commercial space activity and aircraft parts and machinery, making manufacturing in Florida a cost-effective option.
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