Aircraft shipments rise across all sectors in Q3

The General Aviation Manufacturers Association (GAMA) has reported overall increased aircraft shipments in Q3 compared to the same period in 2021. According to its Third Quarter 2022 General Aviation Aircraft Shipment and Billing Report, average shipments were up by 6.7%. Broken down by sector, this equates to bizjet shipments increasing by 1.8% (446 units), turboprops by 7.3% (383) and piston aircraft by 8.8% (1,012). Overall billing also increased by 4.8%, to reach USD14.1 billion.

These ‘across the board’ increases come despite all the challenges brought about by the Covid pandemic. GAMA President and CEO Pete Bunce said: “Demand for general aviation aircraft remains hardy as our industry continues to strategically navigate ongoing challenges, which include issues with supply chain and workforce shortages within our industry and within global regulatory authorities. Deliveries are converging on, and in some cases surpassing, the levels we were experiencing prior to the pandemic, which is a testament to the strength of our industry and the importance and utility of general aviation.”

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