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Mon, Nov 07, 2011

GAMA Third Quarter Data Shows Slight Improvement

Shipments And Billings Slow Decline Through First Nine Months Of 2011

Sometimes the good news is where you can find it, and that's the case with GAMA's latest report on worldwide deliveries of general aviation airplanes. GAMA president and CEO Pete Bunce used the report to bolster the industry's case against new user fees proposed by President Obama.

Data released from the trade organization shows that, in the first nine months of 2011, shipments dropped 9.8 percent as compared to the same period last year, to a total of 1,227 units.  Industry billings fell 10.2 percent, from $13.5 billion to $12.1 billion.
 
“These shipments and billings numbers show some improvement over the sharper decline experienced in first half of 2011,” said Pete Bunce, GAMA’s president and CEO.  “However, considering the fragility of the economies in the traditional markets of North America and Europe, this is not the time for new, undue government burdens to be imposed on general aviation. Misguided tax policies that single out our industry, unquestionably endanger jobs.  Policymakers should be focused on initiatives that encourage investment in our industry and grow jobs."

  2010 2011 CHANGE
Pistons 633 577 -8.8%
Turboprops 237 223 -5.9%
Business Jets 491 427 -13.0%
Total Shipments 1,361 1,227 -9.8%
Total Billings $13.5B $12.1B 633

Piston-powered airplane shipments totaled 577 units compared to 633 units delivered in the first nine months of the year, an 8.8 percent decrease. Turboprop shipments declined 5.9 percent to 223 units in 2011, compared to 237 units during this same period in 2010. Business jet shipments totaled 427 units, a 13.0 percent decrease as compared to 491 units delivered in the first nine months of last year. 

FMI: www.gama.aero

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