GAMA: Bizjet Deliveries Down, Turboprops Up

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

Manufacturers delivered 191 business jets in the first quarter of this year, according to the General Aviation Manufacturers Association. The figure represents a large decline from the record-setting 297 deliveries in the same period last year. In the turboprop segment, first-quarter deliveries rose slightly from 85 last year to 87 in 2009. Industry billings totaled $4.3 billion in the first quarter of this year, down $1 billion by comparison with the first three months of 2008.

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“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”

-business aviation entrepreneur Nick Popovich