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
|
2011 |
2012 |
CHANGE |
Pistons |
577 |
597 |
+3.5% |
Turboprops |
333 |
368 |
+10.5% |
Business Jets |
427 |
428 |
+0.2% |
Total Shipments |
1,337 |
1,393 |
+4.2% |
Total Billings |
$12.1B |
$12.3B |
+1.4% |
GAMA's year-end General Aviation Shipment Report will be published on February 12, 2013.
More News
Chaff Thin, narrow metallic reflectors of various lengths and frequency responses, used to reflect radar energy. These reflectors, when dropped from aircraft and allowed to drift d>[...]
“Today, XB-1 took flight in the same hallowed airspace where the Bell X-1 first broke the sound barrier in 1947. I’ve been looking forward to this flight since founding>[...]
“Teaming up with the EAA and Berlin Express for this event in Cincinnati will give warbird fans a unique opportunity to see the aircraft that helped defend freedom and gave t>[...]
Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]
Aero Linx: The Nebraska Aeronautics Commission The Nebraska Aeronautics Commission was created by the 1935 Legislature to oversee the development of aviation in the state. The Comm>[...]