An aluminum alloy structural component for an aircraft, which is selected from the group consisting of a spar member, rib member, web member, stringer member, wing panel member, wing skin member, fuselage frame member, floor beam member, bulkhead member, and landing gear beam member, said structural component made from a rolled, extruded, or forged alloy product, said alloy being solution heat treated, quenched and artificially aged, said structural component possessing an improved combination of strength, toughness and stress corrosion cracking resistance properties, said alloy consisting essentially of:
- 7 to 9.5 wt. % Zn;
- 1.3 to 1.68 wt. % Mg;
- 1.3 to 1.9 wt. % Cu;
- and 0.05 to 0.3 wt. % Zr, less than 0.1 wt. % Mn, less than 0.05 wt. % Cr, the balance Al, incidental elements and impurities.