Tuesday, February 12, 2013
The General Aviation Manufacturers Association says shipments of general aviation airplanes last year were up slightly at the same time billings decreased a bit.
The trade group reported Tuesday that 2,133 airplanes were delivered in 2012 for an increase of just point-6 percent.
At the same time, airplane billings declined slightly last year to $18.9 billion. That compares to billings of $19 billion in 2011.
Deliveries of turboprop airplanes were up by more than 10 percent last year. That helped to offset fewer deliveries of piston planes and business jets.
GAMA's chairman, Brad Mottier, says in a news release that general aviation is poised for a resurgence in the next few years as new technologies enter the market.