GAMA Report Says General Aviation Recovery Sluggish but Positive Written 31 August 2023


Gulfstream G800 | Credit: Gulfstream Aerospace Corporation–©

AirInsight reports that GAMA “released its shipments and billings report for the second quarter of 2023, and the results are mildly positive for the general aviation market.” The recovery “is slow but positive through the second quarter.” Year over year “through Q2, business jet deliveries are up 2.4%, and the total value of shipments is up 1.5%.” However, as compared with 2019, the industry “remains behind pre-pandemic levels in 2019 in business jet deliveries.” By contrast, the helicopter market “has rebounded significantly, with turbine helicopters now exceeding pre-pandemic 2019 levels by 13.4% and 23.4% higher billings.” Business jets “have the highest prices and drive revenues for the industry.”
Full Story (Airinsight)