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Fri, Jul 28, 2006

GA Manufacturers Continue Shipping Airplanes At Record Pace

GAMA has just told ANN of the latest record-breaking shipment and billing figures. In the first half of 2006, shipments of general aviation airplanes totaled 1,843 units, a 19.1% increase over the same period last year, with industry billings rising 34.9% to $8.8 billion.

“This is the highest recorded billings for the first half of a year in general aviation’s history,” said Pete Bunce (pictured below), GAMA’s President and CEO.

“With our manufacturers' current backlog, we are confident that this trend will continue throughout the remainder of 2006.

The overall upward trend in industry shipments was evident in all aircraft segments. Shipments of piston-powered airplanes in the first 6 months of 2006 were up 17.4% from the same period last year to 1,270 units. Turboprop shipments rose 12.1%, from 141 units in 2005 to 158 units in 2006. The healthiest increase occurred in the business jet market with a 27.7% increase in shipments from 325 units to 415 units.

"We are are very encouraged by this continued positive trend, but we are closely monitoring the potential impact that rising fuel prices and interest rates may have on our dynamic worldwide industry. Without question, these strong numbers demonstrate the powerful contribution general aviation makes to all economies and how important it is to preserve and promote the freedom of flight."

First Six Months Shipments Of Airplanes Manufactured Worldwide

2005

2006

CHANGE

 

Pistons

1,082

1,270

+17.4%

Turboprops

141

158

+12.1%

Business Jets

325

415

+27.7%

Total Shipments 

1,548

1,843

+19.1%

Total Billings

 $6.5B

$8.8B

+34.9%


GAMA, of course, is THE international trade association headquartered in Washington, DC representing over 50 of the world's leading manufacturers of general aviation aircraft, engines, avionics and related equipment. GAMA's members also operate fleets of aircraft, fixed based operations, and pilot training and maintenance training facilities.

FMI: www.GAMA.aero

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