Sat, Apr 26, 2003
GAMA Says Deliveries Down By One-Third
The General Aviation Manufacturers Association (GAMA) reported
that first quarter shipments of general aviation airplanes fell
16.4 percent compared to the same period last year, from 531 units
in 2002 to 444 units this year. First quarter industry
billings were $1.87 billion, down 33.2 percent from the first
quarter of 2002.
"Unfortunately, a decline in general aviation shipments and
billings was not unanticipated," said GAMA President Ed
Bolen. "Lost in all the noise about the troubles of the
airlines has been the fact that, since 9-11, many general aviation
manufacturers have had to lay off workers and slow or even
temporarily halt production lines. These are very tough
times. The only segment of the market that was able to hold
its own in the first quarter was the single-engine pistons."
First quarter shipments of piston-powered
airplanes remained stable at 315 units in 2003, down just one unit
from last year's 316. Turboprop shipments decreased from 46
airplanes in the first quarter of 2002 to 31 this year.
Business jets were the hardest hit segment of the
industry. First quarter shipments of business jets fell 42.0
percent, from 169 units last year to 98 units this year.*
First quarter exports of U.S. produced general aviation
airplanes fell 20 percent, from 84 units to 64 units. Export
billings fell from $383.1 million in the first quarter of 2002 to
$249.3 million this year.
GAMA First Quarter 2003 Shipment Report
First quarter exports of U.S. produced general aviation
airplanes fell 20 percent, from 84 units to 64 units.
Export billings fell from $383.1 million in the first quarter of
2002 to $249.3 million this year.
|
Q1 Shipments Of Airplanes
Manufactured Worldwide
|
2002
|
2003
|
Change
|
|
Pistons
|
316
|
315
|
- 0.3%
|
|
Turboprops
|
46
|
31
|
- 32.6%
|
|
Business Jets
|
169
|
98
|
- 42.01%
|
|
Total Shipments
|
531
|
444
|
- 16.4%
|
|
Q1 Shipments Of Airplanes
Manufactured In The US
|
2002
|
2003
|
Change
|
|
Pistons
|
292
|
295
|
+ 1.0%
|
|
Turboprops
|
32
|
22
|
- 31.3%
|
|
Business Jets
|
118
|
78
|
- 33.8%
|
|
Total Shipments
|
442
|
395
|
- 10.6%
|
|
Total Billings
|
$1.54b
|
$1.23b
|
- 20.1
|
|
|
|
|
|
|
|
|
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