GA Aircraft Sales Flat In Q3
Sales of general aviation aircraft were generally flat in the third quarter of 2017, according to newly released data from the General Aviation Aircraft Manufacturers Association. Airframers shipped 256 piston aircraft and 275 turbine airplanes in the third quarter—substantially similar to last year’s deliveries of 253 and 284 respectively. “The third quarter shipment and billing numbers continue a similar pattern for the industry this year: mixed, with some bright spots that continue trending upward, particularly in the rotorcraft market,” said GAMA President and CEO Pete Bunce. “We’ve been very focused on streamlining certification and validation processes around the world, which will help our member companies continue bringing new and safer products to the market and hopefully spur growth in future quarters.”
Cirrus continued to dominate the reciprocating-engine market, delivering 87 of their piston-single SR series airplanes, in addition to seven SF50 jets. Textron followed in a distant second with 50 piston airplanes delivered in Q3. By total billings, the two big business jet makers collected more than half the $4.2B total with Gulfstream selling $1.6B in airplanes and Bombardier selling another $1.1B. Mooney sold the first copy of the latest generation of M20s in the third quarter, an M20V Acclaim Ultra.