Business Aircraft Deliveries Soar to New Heights

AINalerts » February 12, 2008
February 12, 2008, 10:29 AM

The General Aviation Manufacturers Association (GAMA) today announced 2007 year-end shipment figures for the general aviation industry. Last year, the industry reached record billings of $21.9 billion, eclipsing the previous year’s figure by 16.5 percent. Worldwide general aviation shipments totaled 4,272 aircraft, the most in more than a quarter century and a 5.4-percent jump over the 4,053 airplanes delivered in 2006. The industry also delivered more business jets than ever before, comfortably exceeding 1,000 airplanes for the first time. Piston airplane deliveries fell 2.9 percent, from 2,755 in 2006 to 2,675 last year. Shipments of turboprops increased 11.4 percent to 459 aircraft, up from 412 in 2006. Business jet shipments reached an all-time high of 1,138 aircraft, up 28.4 percent over last year’s 886 airplanes. Speaking at GAMA’s annual industry review and market outlook briefing this afternoon in Washington, D.C., GAMA chairman and Cirrus Design chairman and CEO Alan Klapmeier reported that a strong worldwide market, especially outside North America, was a driving factor for general aviation industry growth last year.

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