WASHINGTON, DC—The General Aviation Manufacturers Association (GAMA) today released the industry’s airplane shipment and billing figures through the third quarter. Total worldwide general aviation (GA) airplane shipments rose 6.6 percent over the same period last year, from 1,419 to 1,513 shipments. Billings for GA airplanes worldwide in the first nine months reached $15.4 billion, up 24.5 percent from the same period last year, when they totaled $12.4 billion.
Single and multi-engine turboprop shipments continued their positive trajectory, increasing 9.3 percent and 42.4 percent, respectively, this year. Piston engine airplanes increased 7.9 percent to 667 shipments compared to 618 airplane shipments in 2012. However, business jet shipments were down from 430 units in the first nine months of 2012 to 421 in 2013.
"The strong level of energy and positive mood of customers at NBAA’s convention this month reflects the industry’s continued recovery from the recession and gives GAMA members good reason to feel optimistic about the future," GAMA President and CEO Pete Bunce said. “While our members enjoyed another strong quarter of billings, not all of the news is good; the industry still faces significant challenges, particularly in the small and mid-size jet markets."
Bunce added, "As GAMA works with policymakers around the globe to facilitate increases in the deliveries of general aviation manufacturing products, we are encouraged by the progress of initiatives such as the Small Airplane Revitalization Act—which will increase safety while reducing cost for both industry and government. In addition, GAMA continues to work with the FAA to quickly clear the backlog of deliveries that developed over the 16-day government shutdown and mitigate any adverse impact upon our critical fourth quarter numbers."
NINE MONTHS AIRPLANE SHIPMENTS
AIRPLANES 2012 2013 CHANGE
Piston 618 667 +7.9%
Single-Engine Turboprops 312 341 +9.3%
Multi-Engine Turboprops 59 84 +42.4%
Business Jets 430 421 -2.1%
Total Shipments 1,419 1,513 +6.6%
Total Billings $12.4B $15.4B +24.5%
GAMA is an international trade association representing over 80 of the world's leading manufacturers of general aviation airplanes and rotorcraft, engines, avionics, components and related services. GAMA's members also operate repair stations, fixed based operations, pilot and maintenance training facilities and manage fleets of aircraft. For more information, visit GAMA's website at www.GAMA.aero.
Read More: http://www.gama.aero/media-center/press-releases/content/gama-releases-2013-third-quarter-airplane-shipments
Bunce Urges Lawmakers to Address Fiscal Uncertainty and Bureaucratic Inefficiencies that Hamper the Global Economy
The bright spot in the first quarter is the piston segment.