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GAMA Says GA Billings Continue At Record Pace
GAMA Says GA Billings Continue At Record Pace

On Thursday, the General Aviation Manufacturers Association (GAMA) announced second quarter shipment and billings figures. Industry billings continue at a record-setting pace totaling $ 12.1 billion, a 24.1 percent increase in the first half of 2008.

"Shipments in the business jet and turboprop segments continue to rise steadily," said GAMA President and CEO, Pete Bunce. "Expanding worldwide markets are having a very positive affect on the turbine segments of our industry."

Turboprop shipments increased from 186 units in the first half last year to 222 units in 2008. Business jet shipments totaled 663 units in the first half of 2008, a 39.3 percent increase over the 476 units delivered in the second quarter of 2007.

Another, less-welcome trend is also evident: the continued fall of piston aircraft sales. Piston-powered airplane shipments totaled 1034 units compared to 1226 units delivered in the first half of 2007, a 15.7 percent decrease.

Despite that decline, Bunce remains optimistic.


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