The value of airplane deliveries through the third quarter of 2024 was $17.3 billion, an increase of 20.5 percent from the same period in 2023, according to a General Aviation Manufacturers Association (GAMA) report.
GAMA’s third-quarter general aviation aircraft shipment and billing report published on Monday showed an increase in overall value of aircraft shipments as well as increased shipments of piston airplanes, business jets, and turbine helicopters.
Piston airplane shipments increased by 7.5 percent with 1,221 units in Q3 of 2024. Turboprops were in line with 435 units and business jets increased by 10.1 percent with 501 units.
The value of helicopter deliveries was $2.7 billion in Q3 2024. Helicopter shipments through the quarter compared to the same period in 2023 saw piston helicopters in line with 156 units, while turbine helicopters increased by 1.9 percent with 478 units.
Washington, D.C.-based GAMA is an industry trade association aiming to advance general aviation and aircraft manufacturing.
“The health of our industry remains stable, which allows our companies to invest in technology and innovation that drives improved safety and sustainability for all civil aviation sectors,” said GAMA president Pete Bunce in a statement. “With new sessions and assemblies of governments set to convene shortly in both the U.S. and Europe, GAMA will continue to make the case to government leaders about the essential nature of the general and business aviation industry.
“Our message is simple and direct: We are ready to work with leaders on constructive policies to support the continued growth and societal health of countries and communities globally through business and general aviation products and operations.”
Credit: flyingmag.com
