The General Aviation Manufacturers Association (GAMA) published the Third Quarter 2024 General Aviation Aircraft Shipment and Billing Report, showing the general aviation aircraft manufacturing industry’s increase in the overall value of aircraft shipments and increased shipments of piston airplanes, business jets and turbine helicopters, with turboprops and piston helicopters shipments in line with the first nine months of 2023.
“The health of our industry remains stable, which allows our companies to invest in technology and innovation that drives improved safety and sustainability for all civil aviation sectors,” Pete Bunce, president and CEO of GAMA, said. “With new sessions and assemblies of governments set to convene shortly in both the U.S. and Europe, GAMA will continue to make the case to government leaders about the essential nature of the general and business aviation industry. Our message is simple and direct: we are ready to work with leaders on constructive policies to support the continued growth and societal health of countries and communities globally through business and general aviation products and operations.”
Aircraft shipments through Q3/24, when compared to the same period in 2023, saw piston airplanes increase 7.5% with 1,221 units, turboprops were in line with 435 units and business jets increase 10.1% with 501 units. The value of airplane deliveries through the Q3/24 was $17.3 billion, an increase of 20.5%.
Helicopter shipments through the third quarter of 2024, when compared to the same period in 2023, saw piston helicopter in line with 156 units, and turbine helicopter increase 1.9% with 478 units. The value of helicopter deliveries was $2.7 billion.
GAMA’s complete 2024 third quarter report can be found at gama.aero.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!