February 19, 2014 - The General Aviation Manufacturers Association (GAMA) announced on Tuesday that shipments of new airplanes grew by 4.3 percent last year compared to 2012. GAMA member companies delivered a total of 2,256 airplanes, up from 2,164 in 2012.
The value of all airplanes delivered last year jumped an impressive 24 percent to total $23.4 billion. That number is very close to the all-time annual new airplane value of $24.8 billion recorded in 2008 before the global recession began.
Turboprops showed the largest growth in deliveries of any airplane category with a 10.4 percent increase to 645 airplanes. Twin-engine turboprops were the big gainers in the category, up 45.7 percent over the previous year.
A total of 933 piston twins and singles were delivered, up 2.7 percent. Business jet deliveries increased by 0.9 percent from 672 to 678.
The whopping 24 percent increase in the value of all new airplanes can be traced to the success of the extremely long range, very large cabin business jets such as the Gulfstream G650, which began full rate production and delivery in 2013.
GAMA president and CEO Pete Bunce said the positive showing in all categories was reason for cautious optimism. He also pointed to congressional legislation enacted last year that directs the FAA to simplify certification requirements for FAR Part 23 airplanes as a reason to believe general aviation can continue to grow.