Good News! Signs Of Stability And Growth Across Most Segments
GAMA has released the results of the first six months of general aviation industry shipments and billings. Airplane shipments increased 5.9 percent in the first six months of 2012 compared to 2011 while the accompanying value of the airplane deliveries rose 13.2 percent. Only sales of piston singles showed a slight decline.
“We are starting to see positive signs in the 2012 shipment data,” said GAMA’s president and CEO, Pete Bunce (pictured). “When coupled with the positive trend we are seeing in the used market, we may finally be witnessing the start of our recovery. However, significant impediments remain in our member companies’ ability to bring new, innovative and safety enhancing products to our customers. While we have seen positive steps by FAA’s leadership to improve the effectiveness and efficiency of the certification process, much work remains to be done to take full advantage of the opportunities offered by improving and emerging markets."
Business jet deliveries increased 13.1 percent to 294 airplanes in the first half of 2012 compared to the same period last year. Turboprop airplane deliveries also improved to 243 units from the 2011 shipment level of 220 units. The piston engine airplane segment was basically flat at 381 deliveries or a 1.6 percent decline compared to the first six months of 2011.
First Six Months Of Shipments Of Airplanes Manufactured Worldwide
GAMA's 3rd quarter General Aviation Shipment Report is scheduled to be published on November 6, 2012.