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The Light Aircraft Sector Shines

In 2022, the light sport and kitbuilt markets showed steady sales.

[Credit: Jim Barrett]
Gemini Sparkle

Key Takeaways:

  • Despite global economic and geopolitical challenges in 2022, the light aircraft market experienced robust growth, with registrations increasing by a healthy 18 percent, surpassing pre-pandemic levels.
  • The Experimental Light Sport Aircraft (ELSA) category showed particularly strong performance, with a 44 percent increase in registrations.
  • Van's Aircraft RV-12 series was the overall best-selling light aircraft model, primarily as an ELSA, while ICON A5 led the Special Light Sport Aircraft (SLSA) segment and Zenith remained the top kit builder.
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The year started with hope. As 2022 arrived, the U.S. and most countries were emerging from two years of difficult lockdowns. The good news? A flood of subsidy money buoyed markets—and I’ve long observed that when equities are rising, light sport and sport pilot-eligible kit aircraft sell well. Economists call this a “wealth effect,” where rising asset values give stockholders confidence that good times are here. Aviation translation: Pilots can afford an airplane to have fun.

This Article First Appeared in FLYING Magazine

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