The third quarterly general aviation shipments and billings report for 2018 was released this week by the General Aviation Manufacturers Association and, this time, it was mostly good news. “This is one of those few times since the great recession that we have seen all segments up in shipment numbers,” said GAMA’s president and CEO, Pete Bunce.
GAMA Report Indicates Positive Trend for General Aviation
Key Takeaways:
- General aviation shipments increased across all segments, including piston and turbine rotorcraft, and all airplane types, during the third quarter of 2018.
- Despite the rise in shipment numbers, total billings for both rotorcraft and airplanes experienced a decrease compared to the previous year.
- GAMA's president expresses optimism for the industry's performance in 2019, attributing potential growth to factors like tax expensing, market stabilization, and new product introductions.
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