In the first three quarters of 2009, total general aviation (GA) airplane shipments fell 46.8%, from 2,982 units in 2008 to 1,587 units so far this year. Total industry billings are down 23.5%, to $13.8 billion, according to figures just released by the General Aviation Manufacturers Association.
“These shipment and billings figures are a result of this difficult business cycle and reflects the impact of the weak economy,” said GAMA President and CEO Pete Bunce. “However, another contributing factor that has led to the disappointing year-to-date numbers is the unwarranted negative attacks on business aviation. “
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