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Key Takeaways:

  • The general and business aviation industry experienced strong growth in Q1 2022, with increased aircraft unit deliveries and activity levels, often surpassing pre-pandemic figures, largely driven by pent-up demand.
  • In stark contrast, the commercial airline industry continues to face significant challenges including pilot shortages, labor unrest, rising fuel prices, and service reductions.
  • Despite the current positive trend in general aviation, the article highlights broader economic headwinds such as global slowdowns, inflation, supply-chain issues, and high fuel costs, leading to a cautionary outlook regarding the aviation industry's inherent cyclical nature.
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The aircraft manufacturing industry’s results for the first three months of 2022, when compared to the same period in 2021, point to increasing aircraft unit deliveries across each aircraft segment while the overall value of the aircraft shipments was slightly lower.” So said the General Aviation Manufacturer’s Association (GAMA) in mid-May on the occasion of releasing 1Q 2022 sales and billing numbers for the industry it represents.

“It is reassuring to see aircraft deliveries continue to show strong progress as we emerge from impacts of the pandemic,” said GAMA President & CEO, Pete Bunce. “It is especially encouraging to see piston airplane deliveries continue their positive trajectory and exceed last year’s numbers as well as the first quarter numbers of 2020 and 2019,” he added. The chart below highlights the sales and billing numbers that GAMA published

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