Bizjet, Turboprop Deliveries Down, but Billings Up

AINalerts » August 5, 2010
August 5, 2010, 11:28 AM

Business jet and turboprop delivery totals declined for the seventh straight quarter, but industry billings rose a modest 0.2 percent in the first six months of this year, according to statistics released yesterday by the General Aviation Manufacturers Association (GAMA). In the first half of this year, deliveries of business jets decreased 14.3 percent, with 355 aircraft shipped versus 414 in the same period last year. Turboprop deliveries shrank from 191 handed over in the first six months of 2009 to 157 this year, an erosion of 17.8 percent. Piston aircraft deliveries slid modestly from 434 last year to 425 in the recent first half. The silver lining is that, for the second consecutive quarter, industry billings rose, totaling $9.4 billion for the six-month period–a $20 million increase over the first half of last year. “As general aviation manufacturers continue looking toward recovery from the economic downturn, it remains critical that pro-growth, pro-manufacturing policies that promote aircraft purchases and stimulate job creation, such as bonus depreciation, be put in place,” said GAMA president and CEO Pete Bunce. “As the global economic recovery picks up steam, markets outside of North America continue to hold promise for renewed growth in our industry.” 

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