The General Aviation Manufacturers Association released its second quarter aircraft sales report, which showed mostly positive trends for the general aviation industry. The greatest growth was seen in the training market, a result of the apparent pilot shortage that is spurring a need for new airplanes for flight schools. This positive trend should continue for a while yet. Boeing’s 2018 Pilot and Technician Outlook, released in July, forecasted a massive demand for pilots for the next 20 years.
GAMA Report Shows Increased Aircraft Deliveries
Key Takeaways:
- The general aviation industry reported mostly positive trends in the first half of 2018, primarily driven by strong growth in the flight training market due to the ongoing pilot shortage.
- Piston airplane deliveries increased by 6.4% and piston helicopter sales saw a significant 19.2% rise, both linked to training demands, while turboprop deliveries also jumped by 9.7%.
- Despite these unit delivery increases, total billings for both airplanes and helicopters declined by 5% and 11.6% respectively, largely due to a flat business jet market.
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