GAMA: Over $17B in Airplane Deliveries Made So Far This Year

Trade association report finds both piston and turboprop aircraft shipments are up this quarter.

Caleb Revill

Tuesday, December 03, 2024 at 03:47 PM ET

Verified

Edited By:

Kimberly Johnson

Business jet shipments increased by 10.1 percent in the third quarter of 2024, according to a new report. [Credit: GAMA/ file photo]

Key Takeaways:

The value of airplane deliveries in Q3 2024 reached $17.3 billion, marking a 20.5% increase from the same period in 2023.
Overall aircraft shipments grew, with piston airplanes up 7.5%, business jets up 10.1%, and turbine helicopters increasing by 1.9%.
GAMA indicates a stable industry outlook, fostering investment in technology for improved safety and sustainability, and will advocate for the sector's essential nature to government leaders.

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The value of airplane deliveries through the third quarter of 2024 was $17.3 billion, an increase of 20.5 percent from the same period in 2023, according to a General Aviation Manufacturers Association (GAMA) report.

GAMA’s third-quarter general aviation aircraft shipment and billing report published on Monday showed an increase in overall value of aircraft shipments as well as increased shipments of piston airplanes, business jets, and turbine helicopters.