GAMA Looks To The Future of GA (With Hope) | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date






Airborne On ANN

Airborne 10.17.16

Airborne 10.18.16

Airborne 10.19.16

Airborne 10.20.16

Airborne 10.21.16

Airborne Hi-Def On YouTube

Airborne 10.17.16

Airborne 10.18.16

Airborne 10.19.16

Airborne 10.20.16

Airborne 10.21.16

Thu, Feb 12, 2004

GAMA Looks To The Future of GA (With Hope)

Pistons Power General Aviation Shipments In 2003

One of my favorite "curses" goes something like "...may you live in interesting times." It can also, occasionally, be looked upon as a blessing. At the well-attended and exquisitely crafted 2004 GA outlook meeting in Washington, DC, GAMA's president Ed Bolen pronounced the 2003 aviation year as "A Challenging Year."

The day's brief revealed some pretty dismal numbers...Bizjet sales down 23.4% from the year before... employment down 10.3%, billings down 15.5%... all in all it was GA's worst showing since 1998.

About the best anyone could say for 2003 was that it was over... and much better times seemed to be on the horizon thanks to bonus depreciation allowances, better economic times, new and innovative airframes/avionics, and less used aircraft available on the market to compete with new aircraft sales.

But... if there was a silver lining in all this... it came from the single-engine GA community. GAMA announced that shipments of piston-engine airplanes increased 9.5 percent in 2003. The strong growth in the piston-engine market largely offsets a decline in shipments of turboprop airplanes and business jets, keeping total industry shipments essentially unchanged from the previous year at 2,686 units. Total industry billings, however, declined 15.5 percent to $9.99 billion.

According to GAMA Chairman Clay Jones, general aviation manufacturers believe “the impressive strength of the piston segment in 2003 is an early indicator of a broader turnaround in all segments of general aviation.”

Jones credited a provision in last year’s tax bill, commonly known as “bonus depreciation,” with stimulating many recent airplane orders. He said extending the provision, which is set to sunset at the end of this year, is GAMA’s top legislative priority.


YTD 2002 

YTD 2003 


Pistons  1,731 1,896 +9.5% 
Turboprops 280 272 -2.9%
Business Jets 676 518 -23.4%
Total Shipments 2,687 2,686 0.0%
Total Billings  $11.2B $9.99B  -15.5%


YTD 2002  YTD 2003 CHANGE 
Pistons  1,496 1,590 +6.3%
Turboprops  187  163  -12.8%
Business Jets  524   384  -26.7%
Total Shipments  2,207 2,137  -3.2% 
Total Billings  $7.72B $6.43B    -16.7%

ANN is preparing an analysis of the meeting's info and data for presentation over the next day or so... more info to come. GAMA is a trade association headquartered in Washington, DC representing approximately 50 manufacturers of general aviation aircraft, engines, avionics and related equipment worldwide. GAMA's members also operate fleets of aircraft, fixed based operations at many airports, and pilot training and maintenance training facilities.



More News

Airborne 10.21.16: NIMBYs Out Of Control, SMO Evictions On Hold, New Race Class

Also: CVR/FDR Expansion, Focusing On Santa Monica, NASAO Boss, GE9X Engine, 1000th H-60M, Verizon Drones, New LAS ATC A Transportation Safety Board of Canada team is currently inve>[...]

Aero-News: Quote of the Day (10.23.16)

Aero-News Quote of the Day "Think of this transition as changing an engine on a plane when it's inflight. Rolling out STARS in our nation's busiest airspaces, without disrupting ai>[...]

ANN's Daily Aero-Linx (10.23.16)

Aero Linx: The Society of United States Air Force Flight Surgeons (SoUSAFFS) SoUSAFFS was established in 1960 to more specifically support the USAF FS than AsMA at large could. Sin>[...]

ANN's Daily Aero-Term (10.23.16): Final Approach Point

Final Approach Point The point, applicable only to a nonprecision approach with no depicted FAF (such as an on airport VOR), where the aircraft is established inbound on the final >[...]

ANN FAQ: Q&A 101

A Few Questions AND Answers To Help You Get MORE Out of ANN!>[...]

blog comments powered by Disqus





© 2007 - 2016 Web Development & Design by Pauli Systems, LC