Report: Small Jets Are Selling

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The private-jet market overall has been slumping so far this year, as reported in the latest GAMA tally, but a closer look at the data shows that small private jets are in growth mode, according to a recent analysis by the Wichita Eagle. The Eagle found that shipments of small and midsize jets grew by nearly 11 percent in the first half of this year, compared to the same period last year. Included in that category are jets built by Cessna, Embraer, Gulfstream, Honda Aircraft and One Aviation.

Business jet sales were down 4.3 percent overall in the GAMA analysis. One factor cited for the fall in larger jet sales was declining demand in Russia, the Middle East and China. GAMA President Pete Bunce also said the U.S. Congress “has not done its part” to support aircraft manufacturers. North America continues to be strong in jet sales, and the small to midsize jets tend to be popular for those operators, according to the Eagle.