A Record-Breaking Year For GA
All the numbers show that 2005 was a great year for airplane sales, the General Aviation Manufacturers Association (GAMA) reported on Monday. Billings rose to $15.1 billion, up 27.2 percent over 2004. U.S. manufacturers shipped 2,857 airplanes, an increase of 21.3 percent. Worldwide shipments of GA aircraft totaled 3,580 units, up 20.8 percent. GAMA President Peter Bunce says he expects more of the same for 2006. "Our industry has experienced an absolutely phenomenal, phenomenal success in the past year," he told The Wichita Eagle. "We want to keep that momentum going." An expanding global market and the emerging market of very light jets should provide that momentum, he said. "Our growth shows that general aviation continues to have a dramatic impact on the way the world does business," said Bunce. "As the worldwide economy expands and becomes ever more interdependent, general aviation will play an ever-increasing role."