Cirrus Aircraft saw shipments of its SR22T increase in the second quarter of 2023. [Credit: Cirrus Aircraft]
Key Takeaways:
The general aviation market experienced robust growth in the first half of 2023, with consistent orders and easing supply chain constraints contributing to a net gain across all aircraft segments.
All primary segments saw positive numbers, with piston aircraft deliveries up 11.4%, turboprops up 17.4%, and business jets up 2.4%; the helicopter sector particularly rebounded strongly with a nearly 30% increase in billings and units shipped.
Despite the positive trends, GAMA warned that future industry stability and global aerospace leadership are contingent on the FAA securing steady leadership and the successful, bipartisan passage of its reauthorization bill in Congress.
The general aviation market rode through the second quarter of 2023 on a tide of consistent orders, with the clear relaxation of supply chain constraints adding to a nice bump in the numbers over Q1 and Q2 a year ago.
The net gain through the first half of 2023 puts the industry on even footing for measured growth year over year.
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