Cirrus Aircraft saw shipments of its SR22T increase in the second quarter of 2023. [Credit: Cirrus Aircraft]
Key Takeaways:
The general aviation market reported strong growth in the first half of 2023, with increased orders and shipments across all segments due to relaxed supply chain constraints.
All aircraft categories, including piston, turboprop, business jets, and especially rotorcraft, showed significant improvements in deliveries and billings compared to the previous year.
Despite the positive trends, the General Aviation Manufacturers Association (GAMA) cautioned that sustained industry stability requires consistent FAA leadership and successful passage of the FAA reauthorization bill.
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.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
