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General Aviation Manufacturers See Strength and Continued Recovery in First Half 2005

GAMA NEWS 05-19 For Immediate Release: Jul 28, 2005

OSHKOSH, WI, July 28, 2005 ─ Today, the General Aviation Manufacturers Association (GAMA) announced that billings for general aviation airplanes rose in the first half of 2005—up 31.6 percent compared to the same period last year while shipments were up 38.1 percent.

“We are seeing the influence of industry innovation, a continued healthy economy and the effects of accelerated depreciation,” said GAMA President & CEO Pete Bunce. “All segments of the industry are pointing up which is generating optimism for a continuation of the industry’s recovery.”

Shipments of piston-powered airplanes manufactured worldwide in the first half of ‘05 were up 309 units from last years 773 to 1,082. Turboprop shipments increased from 110 airplanes in the first half of 2004 to 141 this year. Business jets were also up with first half shipments increasing 36.6 percent, from 238 units last year to 325 units this year.

Bunce added, “More and more corporations are taking advantage of the efficiencies of private travel in business turbine aircraft and we are seeing a similar trend in the piston market where company employees are choosing to fly themselves to their business destination. We are also seeing the influence of safety enhancing advanced avionics becoming standard equipment on more and more piston airplanes.”

SECOND QUARTER YEAR-TO-DATE SHIPMENTS OF AIRPLANES MANUFACTURED WORLDWIDE

2004

2005

CHANGE

Pistons

773

1,082

+40.0%

Turboprops

110

141

+28.2%

Business Jets

238

325

+36.6%

Total Shipments

1,121

1,548

+38.1%

Total Billings

$4.9B

$6.5B

+31.6%

Communications Director:
Andre Castro: acastro@gama.aero
General Aviation Manufacturers Association
www.GAMA.aero
Headquarters: (+1) 202-393-1500
European Office: (+32) 2 550-3900

GAMA exists to foster and advance the general welfare, safety, interests, and activities of the global business and general aviation industry. This includes promoting a better understanding of general aviation manufacturing, maintenance, repair, and overhaul and the important role these industry segments play in economic growth and opportunity, and in serving the critical transportation needs of communities, companies, and individuals worldwide.