GAMA Says 2007 Was Another Record Year For Manufacturers | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.19.16

Airborne 05.20.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.19.16

Airborne 05.20.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

Tue, Feb 12, 2008

GAMA Says 2007 Was Another Record Year For Manufacturers

Billings At All-Time High, Most Deliveries In Over 25 Years

On Tuesday, leaders of the General Aviation Manufacturers Association (GAMA) announced the 2007 year-end shipment figures for the general aviation industry have led to another record high in industry billings.

Speaking at GAMA’s Annual Industry Review and Market Outlook Briefing, GAMA Chairman Alan Klapmeier reported that a strong worldwide market, especially outside of North America, was a driving factor for general aviation in 2007.

"As these economies continue to expand, we expect general aviation to play an ever increasing role in these regions," said Klapmeier, who is also Chairman and CEO of Cirrus Design. "Manufacturer backlogs are strong and we think this bodes well for 2008 and the years beyond."

Record industry billings totaled $21.9 billion, eclipsing last years' figure by 16.5 percent. Year-end, worldwide shipments of general aviation airplanes totaled 4,272 units, the most in more than a quarter century and up 5.4 percent over the previous year's total of 4,053 units.

Aside from the record set for year-end billings, the industry also experienced an all-time high in business jet shipments -- delivering over 1,000 units for the first time in history.

Confirming a trend seen throughout last year, the piston airplane segment was down 2.9 percent in 2007... but GAMA notes the segment still posted the second best year in over two decades, even as total units decreased from 2,755 in 2006 to 2,675 in 2007.

Shipments of turboprops increased 11.4 percent, up from 412 units in 2006 to 459 units in 2007. Business jet shipments reached an all-time high of 1,138 units, up 28.4 percent over last year’s figure of 886 airplanes.

FMI: Download The 2007 Shipment Report (.pdf), www.gama.aero

Advertisement

More News

Icon Controversy Continues, But Icon Has Yet To Speak Up

The Company That Won't Answer Questions, May Finally Have To Do So ANN has been bombarded with info and reports concerning the health and well-being of the Icon Aircraft program...>[...]

Airborne 05.24.16: Cessna S/E Turbo-Prop, GE’s H75 Turboprop, Sonex B-Models

Also: B-29 Doc Airworthy, Aero-Calendar, Charles Taylor, Boeing-Vietjet, Flexjet Buy, Indian Mini-Shuttle, 777X Composite Wing Center Textron Aviation has finally revealed further >[...]

AeroSports Update: EAA AirVenture – What To Do…Where To Go?

Make The ‘EAA Four Corners’ Your First Stop At EAA AirVenture Oshkosh 2016 Even for those of us who have attended EAA AirVenture many times, when you first walk onto th>[...]

ANN's Daily Aero-Linx (05.25.16)

The Medallion Foundation The Medallion Foundation, a non-profit aviation safety organization, embraces mentors and advocates for all aspects of aviation: Student pilots to airline >[...]

ANN's Daily Aero-Term (05.25.16): Resolution Advisory

A display indication given to the pilot by the traffic alert and collision avoidance systems (TCAS II) recommending a maneuver to increase vertical separation relative to an intrud>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC