The General Aviation Manufacturers Association (GAMA) has released its third quarter delivery figures for GA and business aircraft, showing that total volumes of aircraft shipped were down 14.5 per cent, while billings were down 2.5 per cent.
The figures show that piston powered aircraft deliveries were down 6.6 per cent to 679, while turboprops dropped 20.8 per cent to 293. Deliveries of business jets were 20.3 per cent lower.
Despite the fall, GAMA president and CEO Pete Bunce said that the long term outlook was largely positive, and the industry is once again investing in research and development of new products. Bunce also noted that discretionary spending on a global level is once again starting to pick up
“Recovery indicators continue to fluctuate, but one positive indicator – the investment in new airplanes and technology – is solid. GA manufacturers are clearly looking toward the future and will be poised for a strong return when the economy fully recovers,” he said.
