Mon, May 10, 2010
More Airplanes Going Out To Buyers, But Still Below The Same
Period In 2009
The General Aviation Manufacturers
Association (GAMA) reported Monday that in the first quarter of
2010, worldwide general aviation airplane deliveries totaled 390
units, a 15 percent drop from the same period last year.
However, this is an improvement over the dramatic decline
experienced in first quarter 2009 deliveries as compared to first
quarter 2008.
Total industry billings grew 7.1 percent in the first three
months of the year to $4.64 billion due to international deliveries
of large cabin, long-range airplanes where customers rely less on
third party financing than the remainder of the industry.
First quarter billings in 2010 are still 12.6 percent below this
same period in 2008.
"These numbers are being released on the heels of Europe's premier
business aviation show, the European Business Aviation Conference
and Exhibition, where many of our manufacturers noted that the
market seems to be stabilizing," said GAMA President and CEO Pete
Bunce. "Reported flight activity from the FAA and EUROCONTROL
is on an upward trend and the used aircraft inventory is slowly
decreasing. However, these first quarter figures reveal that
our industry is far from a recovery."
GAMA says that the continuation of bonus depreciation will be
crucial to allow our industry to increase production and bring back
lost jobs. Bunce added, "We join with the rest of the
manufacturing sector in calling upon the U.S. Congress to approve
bonus depreciation for products ordered in 2010. Our industry
appreciates the Administration's strong support for this
initiative."
The piston airplane segment was down 7.3 percent in the first
quarter, with 166 units delivered as compared to 179 airplanes in
the first three months of 2009. The turboprop segment
delivered 60 units, down from 89 units during the same period in
2009 for a 32.6 percent decrease. Business jet shipments fell
14.1 percent in the first quarter with 164 airplanes delivered, as
compared to 191 business jets in the first quarter of
2009.
FIRST QUARTER SHIPMENTS OF AIRPLANES MANUFACTURED
WORLDWIDE
| |
2009 |
2010 |
% CHANGE |
| Pistons |
179 |
166 |
-7.3 |
| Turboprops |
89 |
60 |
-32.6 |
| Business Jets |
191 |
164 |
-14.1 |
| Total Shipments |
459 |
390 |
-15.0 |
| Total Billings |
$4.33B |
$4.64B |
+7.1 |
More News
Also: Vertical Flight Society, NBAA Maintenance Conference, GA Honored, AMT Scholarship For the first time, students from Embry-Riddle’s Daytona Beach, Florida, campus took t>[...]
Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]
"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]
(FAA) Inspector Observed That Both Fuel Tanks Were Intact And That Only A Minimal Amount Of Fuel Remained In Each Analysis: According to the pilot, approximately 8 miles from the d>[...]
“Pyka’s Pelican Cargo is unlike any other UAS solution on the market for contested logistics. We assessed a number of leading capabilities and concluded that the Pelica>[...]
Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P
See All