Fri, Oct 29, 2004
GAMA has announced that the general
aviation industry continued a strong recovery through the third
quarter of 2004. Industry billings were up 15.9 percent to $7.8
billion for the first nine months of 2004, while total units rose
7.7 percent to 1,928.
“Recovery of the U.S. economy and accelerated depreciation
enacted by Congress for operators of new airplanes stimulated every
segment of our industry,” said Ron Swanda, interim president
of GAMA. “But the growing, worldwide attraction of using
general aviation airplanes for safe and efficient air travel is a
fundamental growth factor that should not be overlooked.”
Congress responded to the success of accelerated depreciation by
extending the placed-in-service date for an aircraft until December
31, 2005.
Shipments of piston-powered airplanes manufactured worldwide in
the first nine months of 2004 were up 70 units, 1342 from last
year’s 1,272. Turboprop shipments increased from 163
airplanes in the first nine months of 2003 to 194 this year.
Business jets were also up with first nine months shipments
increasing 10.4 percent, from 355 units last year to 392 units this
year.
First Nine Months 2004 Versus 2003
Shipments
Of Airplanes Manufactured Worldwide
|
|
2003
|
2004
|
CHANGE
|
| Pistons |
1,272
|
1,342
|
+5.5%
|
| Turboprops |
163
|
194
|
+19.0%
|
| Business Jets |
355
|
392
|
+10.4%
|
| Total Shipments |
1,790
|
1,928
|
+7.7%
|
| Total Billings |
$6.74B
|
$7.81B
|
+15.9%
|
GAMA is an international trade association headquartered in
Washington, DC representing over 50 of the world's leading
manufacturers of general aviation aircraft, engines, avionics and
related equipment. GAMA's members also operate fleets of aircraft,
fixed based operations, and pilot training and maintenance training
facilities.
More News
With Testing Soon Complete, Launch Preparations Begin in Earnest Sierra Space's Dream Chaser has been put through the wringer at NASA's Glenn Armstrong Test Facility in Ohio, but w>[...]
Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]
“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]
"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]
IDENT Feature The special feature in the Air Traffic Control Radar Beacon System (ATCRBS) equipment. It is used to immediately distinguish one displayed beacon target from other be>[...]
Sierra Space Repositions Dream Chaser for First Mission
See All