Bizjet and Turboprop Shipments Soared in 2008

Business Jet Traveler » April 2009
Wednesday, April 1, 2009 - 5:00am

For the first time in five years, worldwide deliveries of general aviation airplanes declined in 2008, dragged down by slumping piston deliveries, but business jet and turboprop shipments increased by double digits. And, industry billings climbed to $24.8 billion, a 13.4-percent increase over 2007, according to the annual report released this February by the General Aviation Manufacturers Association. GAMA attributed the increase in billings to the filling of orders placed during 2006 and 2007. Shipments, meanwhile, dropped 7.1 percent from 4,272 in 2007 to 3,969 last year, and GAMA chairman Mark Van Tine acknowledged that the general aviation manufacturing industry is feeling a significant impact from the slowing worldwide economy.

The piston airplane segment took the biggest hit in 2008, with 2,119 units delivered, compared with 2,675 in 2007. Turboprops experienced the strongest growth, with 535 airplanes shipped, a 17-percent rise from 459 in 2007. Business jet shipments reached a new plateau, meanwhile, with 1,315 delivered in 2008, up 15.6 percent over the previous year's 1,138. Of the total number of aircraft manufactured last year, most-3,252-went to buyers in North America. Thirty-eight went to South America, 576 to Europe and 103 to the rest of the world.

Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
 

Quote/Unquote

“What we need to do is always lean into the future. When the world changes around you and when it changes against you—what used to be a tail wind is now a head wind—you have to lean into that and figure out what to do because complaining isn’t a strategy. ”

-Amazon CEO and Washington Post owner Jeff Bezos at a press conference for the third-generation Kindle Fire tablet.