I recently attended the General Aviation Manufacturers Association (GAMA) annual State of the Industry press conference in Washington, DC. The room was packed with representatives from GAMA OEM members, industry associations and organizations, and the media.
Pete Bunce, GAMA President and CEO, and Joe Brown, GAMA’s Chairman and President of Hartzell Propeller, reviewed the 2014 general aviation shipments and economic impact which showed that worldwide GA shipments rose 4.3 percent in 2014 from the previous year. Of course we’d all like to see these numbers higher, but it appears in recent years new GA shipments have been steadily increasing.
In addition to the shipment numbers and associated financial figures for 2014, the results of a study conducted by PricewaterhouseCoopers which was funded by eight aviation associations was released. This study determined the general aviation industry’s economic impact in the U.S. The study concluded general aviation supports 1.1 million total jobs and supplies $219 billion in total economic output in the United States.
Using this information a document was produced (also funded by these eight associations) titled, “The Wide Wings and Rotors of General Aviation” which talks about the economic impact to the GA industry and to communities around the country. Did you know the top three states in total GDP impact of general aviation are, California, Texas, and Florida. There are numerous associations in our industry all representing their part of the industry and they have one thing in common. They all do great work for us.