Business Jet Deliveries Set To Tumble

摘要

The General Aviation Manufacturers' Association (Gama) reports shipments down for the first time in five years, with business jets set to follow a 20% drop in piston aircraft deliveries.rnWorldwide deliveries of general aviation aircraft are down by more than 7%, according to Gama, the first drop in five years. The fall is accounted for by the piston-powered segment, in which shipments fell by one-fifth year on year.rnWhile turboprops and business jets showed strong growth of more than 15%, these seem likely to follow the piston drop off within 18 months.rnIndustry billings reached $24.8 billion, a 13% increase over 2007, but this reflects orders placed during the strong economic years of 2006 and 2007.