WASHINGTON, D.C. — Shipments of general aviation aircraft dropped 3.5% worldwide in the third quarter of this year, according to the latest figures from the General Aviation Manufacturers Association (GAMA).
In the first nine months of the year, 1,504 airplanes were shipped, compared to 1,558 in 2015.
Rotorcraft shipments declined 16% to 615 compared to 732 in the same period last year.
Combined airplane and rotorcraft billings were $15.9 billion year-to-date in 2016 compared to last year’s $19.1 billion, a drop of 16.5%. [Read more…]