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 is experiencing mostly positive trends, primarily driven by the training market's demand for new aircraft due to an apparent pilot shortage.
- Deliveries of piston airplanes grew by 6.4%, turboprop aircraft jumped by 9.7%, and piston helicopters saw a massive 19.2% increase in the first half of 2018.
- Despite growth in these segments, overall billings for both airplanes and helicopters declined, largely due to a flat business jet market.
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