Covid Crisis Spurs $2B Plunge in 1H20 Genav Billings
All sectors of general aviation experienced a downturn in the first half of 2020, according to statistics released by GAMA.
Deliveries were down across all segments of business and general aviation aircraft in the first half, leading to a 20 percent drop in billings. Honda Aircraft delivered 47 percent fewer HondaJets (pictured here) in the period. But increases in flight operations and new customers are providing hope. (Photo: Honda Aircraft)
Deliveries were down across all segments of business and general aviation aircraft in the first half, leading to a 20 percent drop in billings. Honda Aircraft delivered 47 percent fewer HondaJets (pictured here) in the period. But increases in flight operations and new customers are providing hope. (Photo: Honda Aircraft)