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 have an obligation to get you to your destination. You have an obligation to pay. What else is there? We don't need 24 pages of legalese.”

-VistaJet founder and chairman Thomas Flohr, on the company's unusually brief, easy-to-understand contracts