GAMA reports solid growth

Business continues to keep getting better for GA, according to the General Aviation Manufacturers Association, which reported that billings rose 31.6% in the first half of 2005, while shipments rose 38.1%.

“We are seeing the influence of industry innovation, a continued healthy economy and the effects of accelerated depreciation,” said GAMA President and CEO Pete Bunce.

“All segments of the industry are pointing up, which is generating optimism for a continuation of the industry’s recovery.”

Shipments of piston-powered airplanes manufactured worldwide were up from last year’s 773 to 1,082.

Turboprop shipments increased from 110 airplanes in the first half of 2004 to 141 this year. Business jets also were up, from 238 last year to 325 this year.

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