GAMA Issues Upbeat First Quarter Report
May 15, 2013 - The General Aviation Manufacturers Association (GAMA) has released figures for the industry's airplane first quarter shipment and billings, showing a positive increase in all sectors.
"We are very pleased to see a shift to the positive for GA airplanes, which extends across all airplane segments, for the first quarter of 2013," said GAMA President/CEO Pete Bunce.
In the first three months of 2013, total worldwide GA airplane shipments increased 9.6 percent, from 418 units in 2012 to 458 units this year. Billings for GA airplanes totaled $4.6 billion in the first three months, up 32 percent from the same period last year.
Turboprop shipments are still going strong, after being up in 2012 due to an increase in agricultural sales. Single-engine turboprop airplanes had a positive trajectory, up 14.6 percent to 102 units this quarter. Multiengine turboprop airplanes were strong at 34 shipments compared to last year's 19 airplanes. Business jet shipments showed a 4 percent increase, and the piston engine airplane segment was also positive, up 3.8 percent from last year.
Read the complete GAMA 2013 First Quarter Report.