Bizjet Deliveries Remain Static in Third Quarter

AINalerts » November 8, 2012
November 8, 2012, 3:30 PM

The business jet delivery landscape remains virtually flat, according to third-quarter industry numbers released yesterday by the General Aviation Manufacturers Association. In the first nine months of the year, OEMs delivered 428 business jets, just one more than they did during the same period last year. In the third quarter alone, airframers handed over 134 jets, a decrease from the 171 delivered in the previous quarter.

Overall, the turboprop market saw a 10.5-percent increase year-over-year, but when one considers only pressurized models, that segment saw a 4.8-percent decline from the 146 aircraft delivered in the first nine months of 2011.

Total industry billings, however, increased 1.4 percent year-over-year during the first nine months, to $12.3 billion.

“What we heard from our customers recently at the AOPA Summit and the NBAA Convention indicates that purchase decisions continue to be delayed due to fiscal uncertainty in our North American and European markets,” said GAMA president and CEO Pete Bunce. “Now that the U.S. election is behind us, we hope that legislators quickly act on the nation’s budget crisis so that individuals and businesses can begin to chart their own long-range fiscal paths.”

Tags: Business

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