The General Aviation Manufacturers Association released its first quarterly shipment report for 2018 last week, which indicates an overall upward trend in the industry. “Training needs are driving the demands in the rotorcraft segment, while a stabilizing used market, overall global economic growth and aviation innovation are driving the other segment increases,” GAMA’s president and CEO Pete Bunce said. Bunce expects the positive trend to continue, citing the introduction of new products as the catalyst for continued growth.
GAMA Report Shows Positive Trend in GA Shipments
Key Takeaways:
- The General Aviation Manufacturers Association's (GAMA) Q1 2018 report indicates an overall upward trend in the industry, driven by factors such as training needs, global economic growth, and new product introductions.
- The rotorcraft market showed significant growth, with piston helicopter deliveries surging by nearly 40% and total helicopter market billings increasing by 18.3%.
- Airplane billings rose by 3.3%, reversing a 2017 decline, primarily due to a 12.7% increase in turboprop shipments, while bizjet growth was slow and piston airplane deliveries slightly decreased.
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