Jet Deliveries Soaring, Says Manufacturers' Association

Business Jet Traveler » August 2008
Friday, August 1, 2008 - 5:00am

First-quarter figures from the General Aviation Manufacturers Association show no signs that the business aviation industry is yet feeling the impact of a sagging U.S. economy. The 297 jets delivered in the first quarter of 2008 represent a 41-percent increase over the 211 deliveries for the same period in 2007, according to the Washington, D.C.-based association. According to GAMA president Pete Bunce, manufacturers continue to see a trend toward deliveries outside the U.S. and some expect international sales soon to exceed 70 percent of their business. At press time, GAMA had not yet compiled second-quarter figures, but both Textron (Cessna and Bell) and General Dynamics (Gulfstream) reported strong numbers.

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“They have to make their own decisions, but I just hope I compete with them. I get to work while they get to stand in line at the airport. ”

-Mark Cuban, referring to executives who, fearing negative public perception, don’t fly privately.