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General Aviation Sales Up Four Percent In 2014

by Mike Godfrey, Tax-News.com, Washington

25 February 2015


On February 11, 2015, the General Aviation Manufacturers Association (GAMA) released worldwide aircraft billing and shipment numbers for 2014.

GAMA President and CEO Pete Bunce said total worldwide general aviation airplane shipments rose 4.3 percent, from 2,353 units in 2013 to 2,454 units in 2014.

The value of sales for general aviation airplanes worldwide rose 4.5 percent, from USD23.4bn in 2013 to USD24.5bn in 2014 – the second-largest sales value recorded since 2008.

Shipments of piston-engine airplanes and business jet shipments were positive, rising 9.6 percent and 6.5 percent, respectively. Turboprop shipments, however, declined by 6.5 percent.

Rotorcraft shipments slowed for both piston and turbine aircraft. A total of 230 rotorcraft and 741 turbine rotorcraft were shipped in 2014, a fall of 31.3 percent and 22.4 percent, respectively.

"The 2014 year-end numbers make crystal clear the need for GAMA's priorities in 2015 - specifically, reform that facilitates the introduction of new safety-enhancing products to market, reduces the inconsistent application of regulations, and strengthens the global engagement and cooperation among aviation authorities," Bunce said. "We will continue to press forward on these issues, especially as the Federal Aviation Authority reauthorization moves forward this year in the US Congress and major general aviation regulatory change takes shape in Europe."

TAGS: business | aviation

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