GAMA: GA Sales Continue To Rise

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Key Takeaways:

  • General aviation billings increased significantly by 26.4% to $10.4 billion in the first half of the year, marking the first time since 2008 that revenues exceeded $10 billion for this period.
  • Twin turboprop deliveries saw the strongest growth, rising by 71%, while piston airplane sales also increased by 16%.
  • Despite an overall 9% growth in the GA sector, business jet sales continued to decline, down 4% compared to the previous year.
  • GAMA noted strong billing increases but acknowledged mixed shipment results and ongoing headwinds for manufacturers across different sectors.
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Sales of piston airplanes rose 16 percent in the first half of this year, compared to the same period last year, the General Aviation Manufacturers Association reported on Monday, with 455 airplanes delivered. Twin turboprops, however, led the field, with a jump from 34 deliveries last year to 58, a growth rate of 71 percent. “We are encouraged to see a strong increase in billings this quarter,” said GAMA President Pete Bunce. “But the mixed results in shipments — and the differences in performance among sectors — demonstrate that GA airplane manufacturers still face some strong headwinds as the global economy recovers.” The GA sector overall saw 9 percent growth, but business jet sales continue to decline.

Compared to last year’s numbers, business jet sales are down 4 percent, GAMA said. Overall, billings for GA airplanes worldwidereached $10.4 billion, up26.4 percent from the same period last year, when they totaled $8.2 billion. “This marks the first time since 2008 that airplane revenues have exceeded $10 billion in the first six months of the year,” GAMA said. The complete shipment report can be found at GAMA’s web site.

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