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GAMA Releases Second Quarter 2024 Aircraft Shipment and Billing Report

GAMA NEWS 24-29 For Immediate Release: Sep 9, 2024

 
GAMA FOR IMMEDIATE RELEASE
Sep 9, 2024
Contact: Andre Castro

 

GAMA Releases Second Quarter 2024 Aircraft Shipment and Billing Report 

WASHINGTON, D.C. – Today, the General Aviation Manufacturers Association (GAMA) published the Second Quarter 2024 General Aviation Aircraft Shipment and Billing Report. The general aviation aircraft manufacturing industry’s results for the first six months of 2024, when compared to the same period in 2023, show increased deliveries across the piston airplane, business jet and piston helicopter segments along with an increase in the overall value of aircraft shipments.

“Through the first half of 2024, we continue to see robust demand for new aircraft, as indicated by the impressive backlogs and plans for facility expansion by many of our OEMs. Our constraints continue to be ongoing supply chain and workforce recapitalization issues, which are routinely compounded by unacceptable turn times in terms of responsiveness and lack of decision making by the FAA specialists on such things as issue papers, certification plans and regular correspondence. Our industry is the incubator of safety enhancing and aviation sustainability technology, which in-turn serves as a catalyst for economic growth and exemplary employment for millions around the globe. It is vital that our regulators continue to improve effectiveness and efficiency of certification and validation processes, appropriately apply the safety continuum across the spectrum of general aviation products and respond to applicants in a timely manner. For the continued vitality of our industry and to facilitate all the great innovations that are taking place, it is imperative that we tackle these ongoing challenges,” said Pete Bunce, GAMA President and CEO.

Aircraft shipments through the second quarter of 2024, when compared to the same period in 2023, saw piston airplanes increase 7.3% with 761 units, turboprops decrease 3.4% with 280 units, and business jets increase 8.8% to 322 units. The value of airplane deliveries through the second quarter of 2024 was $11.3 billion, an increase of 24.2%.

Helicopter shipments through the second quarter of 2024, when compared to the same period in 2023, saw piston helicopter deliveries increase 2.7% with 115 units, and turbine helicopter deliveries decrease 7.7% with 313 units. The value of helicopter deliveries was $1.7 billion.

Six Month Aircraft Shipment and Billing

Aircraft Type 2023 2024 % Change
Piston Airplanes 709 761 +7.3%
Turboprops 290 280 -3.4%
Business Jets 296 322 +8.8%
Total Airplanes 1,295 1,363 +5.3%
Total Airplane Billings $9.1B $11.3B +24.2%
Piston Helicopters 112 115 +2.7%
Turbine Helicopters 339 313 -7.7%
Total Helicopters 451 428 -5.1%
Total Helicopter Billings $1.9B $1.7B -10.2%

GAMA’s complete 2024 second quarter report can be found at gama.aero.

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GAMA is an international trade association representing over 150 of the world's leading manufacturers of general aviation airplanes and rotorcraft, engines, avionics, components and related services. GAMA's members also operate repair stations, fixed based operations, pilot and maintenance training facilities and manage fleets of aircraft. For more information, visit GAMA's website at www.GAMA.aero.

 

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.