GAMA, the General Aviation Manufacturers Association, released third-quarter shipments and billings information from its member companies today. The data excludes Dassault, who report only on the half and full year. Nonetheless, the data provides a good snapshot of where the industry is today and a picture of how it has finally recovered from the global pandemic.
Business Jet Strength
The overall picture is best explained in the following chart, which aggregates data for the first three quarters of the year. Fixed-wing aircraft shipments were up 2% year over year, with billings up 12%. Business jets were up 10.6%, piston aircraft up 1.2%, and turboprops down 6.0%.