General aviation aircraft shipments increased 4.2 percent in the first nine months of 2012 compared with 2011, while the accompanying value of the airplane deliveries rose 1.4 percent, according to figures released by the General Aviation Manufacturers Association (GAMA).
“What we heard from our customers recently at AOPA’s summit and NBAA’s convention indicate that purchase decisions continue to be delayed due to fiscal uncertainty in our North American and European markets,” said GAMA’s President and CEO, Pete Bunce. “Now that the U.S. election is behind us, we hope that legislators quickly act on the nation’s budget crisis so that individuals and businesses can begin to chart their own long range fiscal paths.”
Turboprop airplane deliveries saw the strongest growth with 368 units compared to 333 in 2011, a 10.5 percent increase, GAMA reported. The piston engine airplane segment grew 3.5 percent to 597 deliveries compared with the first nine months of 2011. Business jet deliveries totaled 428 for the first nine months of the year, a 0.2 percent increase over the 427 deliveries for the same period in 2011.