The General Aviation Manufacturers Association released its quarterly aircraft shipment report showing a mix of ups and downs for the market. While total billings dropped by 12 percent, from $4.63 billion in the first quarter of 2016 to $4.09 billion this year, the report was far from bleak.
GAMA Shows Mixed Results in Q1 Aircraft Shipment Report
Key Takeaways:
- GAMA's Q1 report indicated mixed results for general aviation, with total billings dropping 12% despite an increase in the overall number of aircraft delivered.
- Airplane shipments rose for piston, jet, and single-engine turboprops, though twin turboprop deliveries nearly halved; helicopter deliveries also increased despite a 17% drop in billings.
- GAMA president Pete Bunce stressed the critical need for certification reform to drive future growth and enable new aviation products to reach the market efficiently.
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