GAMA announces drop in GA aircraft shipments
PUBLISHED: 17:03 11 May 2012 | UPDATED: 14:14 10 October 2012
The General Aviation Manufacturer's Association (GAMA) has released GA shipment and billing figures for the first quarter of 2012.
The General Aviation Manufacturer’s Association (GAMA) has announced that general aviation aeroplane shipments fell 2.1 per cent during the first quarter of 2012.
369 units have been sold during the first three months of this year, compared to 377 units in 2011.
Total billings for general aviation totalled $3.39 billion - a drop of 8.0 per cent.
Piston-powered airplane shipments totalled 184 units in the first three months of 2012, compared to 188 units delivered during the same time period in 2011 - a 2.1 percent decrease.
Turboprop shipments were up 3.3 percent from 61 units in 2011 to 63 units in 2012.
Business jet shipments totalled 122 units - a 4.7 percent decrease over the 128 units delivered during this same period in 2011.
“The first quarter shipment data shows mixed performance across the segments,” said GAMA's President and CEO, Pete Bunce. “One continuing concern is the lack of available financing around the world. An important step forward would be for the U.S. Congress to quickly reauthorise the Export-Import Bank.
“The lending authority of the bank spurs sales, which are essential to revitalising the manufacturing sector. The House passed their version of the legislation yesterday and we urge the Senate to quickly follow-suit."
First three months of shipments of aeroplanes manufactured worldwide