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Key Takeaways:

  • The general and business aviation industry saw increased aircraft unit deliveries and activity levels in Q1 2022, recovering strongly from the pandemic, with demand driven partly by issues in commercial air travel.
  • Conversely, the commercial airline industry is facing significant challenges including pilot shortages, service cuts, labor unrest, and rising fuel costs.
  • Despite the current boom in general aviation, the article cautions about broader economic slowdowns, global instability, and the cyclical nature of the aviation industry for long-term career and investment decisions.
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The aircraft manufacturing industry’s results for the first three months of 2022, when compared to the same period in 2021, point to increasing aircraft unit deliveries across each aircraft segment while the overall value of the aircraft shipments was slightly lower.” So said the General Aviation Manufacturer’s Association (GAMA) in mid-May on the occasion of releasing 1Q 2022 sales and billing numbers for the industry it represents.

“It is reassuring to see aircraft deliveries continue to show strong progress as we emerge from impacts of the pandemic,” said GAMA President & CEO, Pete Bunce. “It is especially encouraging to see piston airplane deliveries continue their positive trajectory and exceed last year’s numbers as well as the first quarter numbers of 2020 and 2019,” he added. The chart below highlights the sales and billing numbers that GAMA published

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