As Genav Shipments Drop, GAMA Sees Some Hope

 - November 9, 2010, 11:02 AM

General aviation aircraft shipment data released today by the General Aviation Manufacturers Association (GAMA) starkly demonstrate the continued effects the sour economy has had on the OEMs over the past two years. In the first nine months, GA airplane shipments numbered 1,357 units, down 14.5 percent from 1,588 in the same nine months last year. Billings in the nine-month period slipped 2.5 percent from a year ago to $13.47 billion. Business jet and turboprop deliveries took the brunt of the decline over the nine-month period; shipments of the former fell 20.3 percent from 616 last year to 491, while turboprops declined 20.8 percent to 232 aircraft. Piston shipments totaled 634 units versus 679 in the first three quarters last year, a 6.6-percent decrease. Turboprop shipments declined 20.8 percent, to 232 units in the first three quarters of this year. “Despite another drop in total shipments and billings, we believe that the longer-term outlook for general aviation is positive. Our industry is coming off a successful NBAA Convention and we are encouraged by the sales announcements and a more positive outlook overall as discretionary spending starts to pick up on a global level,” said GAMA president and CEO Pete Bunce. “I am especially encouraged by the resources general aviation manufacturers are expending on the research and development of new products. GA manufacturers are clearly looking toward the future and will be poised for a strong return when the economy fully recovers.”