According to the General Aviation Manufacturers Association (GAMA), industry airplane shipments in the first half of 2014 increased 4.8% to 1,110 units while airplane billings rose to $10.9 billion, up 4.5% from $10.4 billion a year earlier. GAMA noted that business jet shipments for the first six months of 2014 totaled 318 units, up 12.4% from 283 shipments in the same 2013 period.
“Deliveries of turboprops this quarter were flat, but the encouraging numbers in the piston airplane and business jet segments drive the industry’s optimism about global general aviation growth. Here at Oshkosh, enthusiasm toward the light airplane industry is clearly palpable,” GAMA president and CEO Pete Bunce said. “However, there is still a great deal of work that remains to make this recovery sustainable over the long term. This includes streamlining certification processes around the globe for both new production and equipage of safety-enhancing technology in the existing fleet.”
GAMA also released quarterly shipment data for rotorcraft manufacturers for the first time. GAMA began publishing annual rotorcraft shipment data several years ago and the association’s website provides this historical data. The rotorcraft manufacturers delivered 409 combined piston and turbine helicopters during the first six months of 2014. The billing figure for the rotorcraft shipments was $1.2 billion. “This additional fidelity about rotorcraft manufacturers will help us better tell the economic impact story of this important segment of GA,” said Bunce.
Bunce continued, “In the United States, we need the leaders of the Department of Transportation to put high priority on their rulemaking processes to meet the December 2015 Congressionally mandated deadline for full implementation of the Small Airplane Revitalization Act that the FAA Administrator has publicly stated will improve general aviation safety.”
“Reauthorizing the U.S. Export-Import Bank is also critical to keeping the industry moving forward and ensuring a level playing field for all general aviation manufacturers worldwide. We are encouraged by legislation being introduced today by a bipartisan group of Senators, led by Senators Joe Manchin (D/WV) and Mark Kirk (R/IL), to reauthorize the Bank for five years, which will provide businesses with the certainty and predictability in financing they need as they plan their production schedules and future hiring for 2015 and beyond,” Bunce concluded.
To view the General Aviation Manufacturers Association news release, click here.
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