Wed, Sep 11, 2024
Results Show Increased Deliveries Across Three Categories
The General Aviation Manufacturers Association issued the Second Quarter 2024 General Aviation Aircraft Shipment and Billing Report.
The report shows that for the six-month period ending June 30, compared to the same period in 2023, deliveries increased in the piston airplane, business jet, and piston helicopter segments. In addition, the total overall value of aircraft shipments was greater year-over-year.
Piston airplanes increased 7.3% with 761 units, turboprops decreased 3.4% with 280 units, and business jets increased with 322 units. Airplane deliveries through Q2 2024 accounted for $11.3 billion, an increase of 24%.
Shipments of piston helicopters through Q2 2024 rose 2.7% with 115 units while turbine helo deliveries decreased 7.7% with 313 units. Helicopter deliveries were valued at $1.7 billion.
Pete Bunce, GAMA President and CEO explained, “Through the first half of 2024, we continue to see robust demand for new aircraft, as indicated by the impressive backlogs and plans for facility expansion by many of our OEMs. Our constraints continue to be ongoing supply chain and workforce recapitalization issues, which are routinely compounded by unacceptable turn times in terms of responsiveness and lack of decision making by the FAA specialists on such things as issue papers, certification plans and regular correspondence.”
Bunce continued, “Our industry is the incubator of safety enhancing and aviation sustainability technology, which in-turn serves as a catalyst for economic growth and exemplary employment for millions around the globe. It is vital that our regulators continue to improve effectiveness and efficiency of certification and validation processes, appropriately apply the safety continuum across the spectrum of general aviation products and respond to applicants in a timely manner. For the continued vitality of our industry and to facilitate all the great innovations that are taking place, it is imperative that we tackle these ongoing challenges.”
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