1. Aviation Market Outlook Presentation To Wichita Area Economic Outlook Conference By Richard Aboulafia Vice President, Analysis Teal Group Corporation raboulafia@tealgroup.com October 2007

2. Today’s Agenda The Market Building Planes

19. Why No Giant Sucking Sound? 1.For Countries, Companies, and Clusters…this is a defensive game. 2.High Skill, High Wage. 3.Shallow learning curve…experience counts. 4.Huge capital requirements. 5.3,600. 6.National aircraft divert resources.