U.S. Manufacturers Deliver 416 Aircraft in Third Quarter – Up 39 Units from Q3 2017
by J. Kasper Oestergaard, European Correspondent, Forecast International.
According to the General Aviation Manufacturers Association (GAMA), in the third quarter of 2018, compared to the same period last year, manufacturers reported higher deliveries but nearly flat revenues. Fixed-wing general aviation aircraft manufacturers delivered 568 aircraft worldwide in Q3 2018, up 7.2 percent from 530 in Q3 2017. Revenues (billings), however, only increased 0.8 percent to $4.1 billion due to lower revenues at Gulfstream, Bombardier and Textron. Continue reading