Figures released by the General Aviation Manufacturers Association (GAMA) show that worldwide aircraft shipment and billing figures are down for the first half of 2016.
Airplane shipments declined 4.5% to 970, while billings fell 11% from $10.4 billion to $9.3 billion.
Rotorcraft shipments also dropped 16.1%, from 467 during the same period a year ago to 392 in 2016. Billings for rotorcraft fell 32.5%, from $2.1 billion to $1.4 billion. [Read more…]