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Saturday, November 7, 2009
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Top News
Third Quarter Airplane Shipments Down Nearly 47 Percent
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GAMA Reports Total Industry Billing Down Almost $14 Billion
GAMA released the industry's third
quarter shipment and billings figures today. In the first three
quarters of 2009, total general aviation (GA) airplane shipments
fell 46.8 percent, from 2,982 units in 2008 to 1,587 units so far
this year. Total industry billings are down 23.5 percent, to $13.8
billion.
"These shipment and billings figures are a result of this
difficult business cycle and reflects the impact of the weak
economy," said GAMA President and CEO Pete Bunce (pictured).
"However, another contributing factor that has led to the
disappointing year-to-date numbers is the unwarranted negative
attacks on business aviation. "
A recently released study shows the powerful connection between
well-run companies and those that use business aviation. For
example, Business Week magazine's 2009 "25 Best Customer Service
Companies" and the Corporate Responsibility Officer's list of 2009
"100 Best Corporate Citizens," both show that 90 percent of the
identified S&P 500 companies are business aircraft users. Bunce
added, "When America's most responsible and best-run companies use
business aviation to create jobs and shareholder value, attacks on
this segment of general aviation are unwarranted. We are now seeing
some encouraging signs that policymakers all around the U.S. are
recognizing the vital contribution our industry makes to the
economy."
Piston-powered airplane shipments
totaled 679 units compared to 1,646 units delivered in the first
three quarters of 2008, a 58.7 percent decrease. Turboprop
shipments decreased 15.8 percent from 348 units in the first nine
months last year to 293 units during this same period in 2009.
Business jet shipments totaled 615 units, a 37.8 percent decline
over the 988 units delivered through the third quarter in 2008.
NINE MONTHS SHIPMENTS OF AIRPLANES MANUFACTURED WORLDWIDE
| 2008 | 2009 | CHANGE | |
| Pistons | 1,646 | 679 | -58.7% |
| Turboprops | 348 | 293 | -15.8% |
| Business Jets | 988 | 615 | 37.8% |
| Total Shipments | 2,982 | 1,587 | -46.8% |
| Total Billings | $17.995B | $13.771B | -23.5% |
FMI: www.GAMA.aero.
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