““It’s not so much a frenzy as it was before, but in the long term it’s going in the right direction.” ”
GAMA: Bizjet Deliveries Down, Turboprops Up
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.