May 10, 2011 By: Daniel McCoy
Total deliveries among general aviation manufacturers in the first quarter of 2011 dropped 4.6 percent year over year to 372 units shipped, according to data released Tuesday by the General Aviation Manufacturers Association.
Business jet shipments dropped 22 percent, to 128, and turboprop shipments fell to 56, a 6.7 percent decrease year over year. Piston shipments, however, increased 13.3 percent compared to the first quarter of 2010, jumping to 188 combined deliveries.
Total billings also fell, down 20 percent to $3.7 billion.
GAMA’s full report of shipments and billing by manufacturer can be seen here.
“This has been a very difficult year to date as a result of the slow economic recovery in North America and Europe,” GAMA President and CEO Pete Bunce said. “Emerging market deliveries continue to help sustain the industry. The bright spot in the first quarter is the piston segment. This good news may be indicative of the start of a recovery in the traditional markets that we hope will accelerate with the 100 percent expensing tax provision in the U.S.”
Source: WICHITA BUSINESS JOURNAL