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Healthy Rise Seen in Aircraft Shipments

 

August 6, 2013 - Sales figures released this week by the General Aviation Manufacturers Association (GAMA) show an 8.9 percent increase in total worldwide airplane shipments over 2012 for the first half of 2013, with total billings of $10.4 billion, or 26.4 percent over the same period last year.

Aircraft shipments jumped from 931 to 1,014 in 2013. The total billings figure represents the first time since 2008 that airplane revenues have exceeded $10 billion in the first six months of the year, GAMA reports.

Piston engine airplane shipments increased 16.1 percent - to 455 units - in the first six months, while single turboprops rose 3.8 percent and twin turboprops soared 70.6 percent. Business jet shipments were down 4.1 percent over the same period, from 295 in 2012 to 283 in 2013.

"We are encouraged to see a strong increase in billings this quarter, but the mixed results in shipments - and the differences in performance among sectors - demonstrate that GA airplane manufacturers still face some strong headwinds as the global economy recovers," GAMA President and CEO Pete Bunce said. "That's why we continue to engage lawmakers and regulators across the globe to improve certification processes and to facilitate the introduction of new, safety-enhancing products to market at a reasonable cost."

Bunce pointed to the continuing progress of the Small Airplane Revitalization Act, which sailed through the house and is currently making rapid progress in the Senate.

"We look forward to seeing this bill become law and continuing our work with officials around the world to enhance safety and hasten our industry's recovery."

Six Month Airplane Shipments 2012 2013 Change
Piston 392 455 16.10%
Single-Engine Turboprops 210 218 3.80%
Multiengine Turboprops 34 58 70.60%
Business Jets 295 283 -4.10%
Total Shipments 931 1,014 8.90%
Total Billings  $8.2B $10.4B 26.40%

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