Total Shipments Up, But Pistons Slip Yet Again
On Thursday, the General
Aviation Manufacturers Association (GAMA) released the third
quarter numbers for general aviation shipments and billings.
Compared to this time last year, total shipments rose 1.7 percent
to 2,909 units, while industry wide billings for new airplanes rose
to $15.1 billion.
Shipments of piston engine powered airplanes manufactured
worldwide decreased to 1,857 units in the first three quarters of
2007, down from 1,975 airplanes last year. Turboprop shipments
increased 14.5 percent, growing from 256 airplanes at this same
time in 2006 to 293 units this year. Business jets were also up
with shipments totaling 759 units, a 20.9 percent increase.
GAMA President and CEO Pete Bunce says he's encouraged the
piston market isn't taking the news of declining sales lying
"This is the third consecutive quarter where growth in the
piston market has wavered. We are encouraged, however, by the
industry's commitment to strengthening this segment with the
introduction of products that will bring new pilots and new
customers into this market," said Bunce. "The good news is that our
manufacturers in this segment have not reported a noticeable
decline in interest in the piston market.
"Overall, we are very pleased that demand remains robust,
particularly outside of North America, for general aviation
turboprops and business jets and we expect shipments to continue on
a strong, upward trend in the months ahead," he added.
GAMA is an international trade association headquartered in
Washington, DC representing 60 of the world's 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