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Business aircraft deliveries fall but billings start to rise

posted Aug 13, 2010, 6:17 AM by Rowan Hewitt

Deliveries of business jets, turboprops and piston aircraft continued their downward trend during the last quarter, yet industry billings rose by a modest 0.2% for the first six months of the year, according to the latest statistics from theGeneral Aviation Manufacturers Association.

Between January and June deliveries of business jets dropped by 14.3%, to 355 aircraft, compared with 414 deliveries during the same period last year. Turboprop shipments fell by from 191 to 157 aircraft in the first six months while piston aircraft deliveries slipped from 434 last year to 425 during the same period. Industry billings between January and June climbed to $9.4 billion - an increase of $20 million compared with the same period in 2009.

"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," says GAMA president Pete Bunce. "As the global economic recovery picks up steam, markets outside North America continue to hold promise for renewed growth in our industry."

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