The General Aviation Manufacturers Association (GAMA) released its third quarterly shipment and billing report for 2017 this week, indicating a continuing trend in general aviation sales. While the overall number of aircraft shipped increased slightly, total billings decreased.
GAMA Report Continues Upward Trend in GA Shipments
Key Takeaways:
- GAMA's Q3 2017 report indicated a slight increase in general aviation aircraft shipments (+1.7%) but an overall decrease in total billings (-2.8%).
- The helicopter market and lower-end piston aircraft segments experienced strong growth in both deliveries and billings.
- While the turboprop market saw an overall decline, single-engine turboprops and the bizjet segment had modest increases, with GAMA anticipating future growth from streamlined certification processes.
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