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GAMA Announces Third Quarter Shipments & Billings

GAMA NEWS 07-22 For Immediate Release: Nov 8, 2007

WASHINGTON, DC, November 8, 2007 – The General Aviation Manufacturers Association (GAMA) released the third quarter numbers for general aviation shipments and billings today. Compared to this time last year, total shipments rose 1.7 percent to 2,909 units, while industry wide billings for new airplanes rose to $15.1 billion.

Shipments of piston engine powered airplanes manufactured worldwide decreased to 1,857 units in the first three quarters of 2007, down from 1,975 airplanes last year. Turboprop shipments increased 14.5 percent growing from 256 airplanes at this same time in 2006 to 293 units this year. Business jets were also up with shipments totaling 759 units, a 20.9 percent increase.

“This is the third consecutive quarter where growth in the piston market has wavered. We are encouraged, however, by the industry’s commitment to strengthening this segment with the introduction of products that will bring new pilots and new customers into this market,” said GAMA President and CEO Pete Bunce. “The good news is that our manufacturers in this segment have not reported a noticeable decline in interest in the piston market.”

He added, “Overall, we are very pleased that demand remains robust, particularly outside of North America, for general aviation turboprops and business jets and we expect shipments to continue on a strong, upward trend in the months ahead.”

FIRST NINE MONTHS SHIPMENTS OF AIRPLANES MANUFACTURED WORLDWIDE

2006

2007

CHANGE

Pistons

1,975

1,857

-6.0%

Turboprops

256

293

+14.5%

Business Jets

628

759

+20.9%

Total Shipments 2,859 2,909 +1.7%
Total Billings $13.2B $15.1B +14.1%

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.