According to GAMA third quarter aircraft shipment data, there have been 465 business jets shipped in the first nine months of 2015, a 4.3% increase over the same period a year ago.
In total, the aviation industry shipped a total of 2,243 airplanes and rotorcraft in the first nine months of 2015 for a combined value of $18.5 billion.
“Although the industry’s performance among sectors in the third quarter remained mixed, new and recently certified business jet models helped raise overall billings,” GAMA president and CEO Pete Bunce said. “In the turboprop market our agricultural aircraft sector has been particularly hard hit by the U.S. Export-Import Bank’s inability to make new financing guarantees since July 1. Therefore, we are very encouraged by the strong bipartisan support in the U.S. House of Representatives this month that complements U.S. Senate support in late summer to renew the Ex-Im Bank. We are hopeful that the Surface Transportation bill to which Ex-Im re-authorization is attached will be conferenced quickly and sent to the president’s desk for his signature. We also hope Congress will move quickly to extend critical tax policies, providing greater certainty to the market going forward.”
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