GA Shipments Continue Downward Spiral
Aug 10, 2009
Kerry Lynch
The second quarter of 2009 further compounded the economic woes of the general aviation manufacturing sector as the number of deliveries plunged some 49 percent, according to statistics released last week by the General Aviation Manufacturers Association. This has led to a 45.9 percent decline in total deliveries through the first half of the year.
“These are extremely challenging times for all general aviation manufacturers and suppliers,” said GAMA President and CEO Pete Bunce. “Layoffs continue and our industry has been forced to slow, and in some cases, temporarily halt production lines.”
READ MORE: Aviation Week
Photo credit - Beechcraft