Wed, Nov 07, 2012
Bunce Urges Lawmakers To Address Fiscal Uncertainty And Bureaucratic Inefficiencies That Hamper The Global Economy
GAMA on Wednesday released the results of the first nine months of general aviation industry shipments and billings for 2012. Airplane shipments increased 4.2 percent compared to 2011 while the accompanying value of the airplane deliveries rose 1.4 percent.
“What we heard from our customers recently at AOPA’s summit and NBAA’s convention indicate that purchase decisions continue to be delayed due to fiscal uncertainty in our North American and European markets," said GAMA’s 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."
Piston engine powered airplane shipments grew 3.5 percent to 597 for the first nine months of 2012 compared to last year. Turboprop airplanes saw the strongest growth with 368 units compared to 333 in 2011 which is a 10.5 percent increase. There was one more business jet delivered year-to-date in 2012 compared to the 2011 shipments.
"GAMA will continue to address important industry issues, such as the research and development tax credit, depreciation policy, user fees, NextGen and aircraft certification streamlining," said Bunce. "Additionally, GAMA will engage with global regulatory authorities to identify bureaucratic inefficiencies and unnecessary regulation that drive up costs, increase unemployment, and severely hamper our industry's recovery.”
First Nine Months Of Shipments Of Airplanes Manufactured Worldwide
GAMA's year-end General Aviation Shipment Report will be published on February 12, 2013.
What is iFlightPlanner? iFlightPlanner is general aviation’s most comprehensive suite of easy-to-use flight planning tools for private and corporate pilots. Featuring iFlight>[...]
Meet Jim Campbell--Wednesday/Thursday/Friday, At Sportys Pilot Shop--Display Area #260A, At 1300 Each Day And Get Your Signed Copy of Beyond The Blue!!! To Aviation Journalist and >[...]
Also: Hartzell Accessorizes, Lycoming's 85th, New Continental Diesel, Pelton Intvw-Part 2, DeltaHawk Diesel Update Mooney CEO Dr. Jerry Chen handed the keys for the first new Accla>[...]
IMC Clubs: Building Instrument Proficiency Through Community When it comes to flying, there is no substitute for proficiency and training. And maybe nowhere is that more important >[...]
Concorde Charges Up Our Oshkosh 2014 Coverage! Concorde Battery Corporation has been in the battery manufacturing business for over 30 years and is the world leader in Valve Regula>[...]