We’re not back to the go-go years of the late 1970s, and probably never will be, but the general aviation industry seems to be doing just fine, thank you. In the last quarter of 2023, both the General Aviation Manufacturers Association (GAMA) and the Aircraft Electronics Association (AEA) announced eye-raising year-to-date sales figures for their industry segments.
As of September 30, 2023, according to GAMA, “Aircraft shipments through the third quarter of 2023, when compared to the same period in 2022, saw piston airplanes increase 11.9% with 1,135 units, turboprops increase 14.6% with 439 units, and business jets increase 2% with 455 units. The value of airplane deliveries through the third quarter of 2023 was $14.5 billion, an increase of 2.5%.”
