World General Aviation Aircraft Shipments Up 7% in Second Quarter 2018

U.S. Manufacturers Deliver 413 Aircraft in Second Quarter – Up 34 Units from Q2 2017

by J. Kasper Oestergaard, European Correspondent.

On July 20, during the Farnborough International Airshow, the Gulfstream G500 received both its type certification and production certificate from the U.S. Federal Aviation Administration (FAA).  Source: Gulfstream Aerospace

According to the General Aviation Manufacturers Association (GAMA), in the second quarter of 2018, manufacturers reported higher deliveries on lower revenues. Fixed-wing general aviation aircraft manufacturers delivered 607 aircraft worldwide in Q2 18, up 7.2 percent from 566 in Q2 17. At the same time, revenues decreased 10.8 percent to $4.7 billion, the result of lower revenues reported by business jet makers Gulfstream, Bombardier, Embraer and Dassault. The increase in deliveries was attributable to higher piston-engine and turboprop aircraft shipments. Continue reading

World General Aviation Aircraft Shipments Up 3% in First Quarter 2018

U.S. Manufacturers Deliver 315 Aircraft in First Quarter – Up Four Units from Q1 2017

by J. Kasper Oestergaard, European Correspondent.

Minnesota-based Cirrus Aircraft had a strong first quarter and delivered 74 of its smaller but very popular piston-engine aircraft, up 29 percent from 57 in Q1 2017. Shipments of the SR20 boasted the largest increase and more than doubled in Q1 2018. Photo Courtesy of Cirrus Design Corporation

According to the General Aviation Manufacturers Association (GAMA), in the first quarter of 2018, manufacturers reported both higher deliveries and higher revenues than in the same quarter in 2017. Fixed-wing general aviation aircraft manufacturers delivered 447 aircraft worldwide in Q1 2018, up 2.8 percent from 435 in Q1 2017. Revenues increased 3.3 percent to $3.8 billion, mainly due to higher revenues reported by Bombardier, Textron, and several smaller manufacturers. Continue reading

World General Aviation Aircraft Shipments Up 5% in 2017 – Revenues Slip

U.S. Manufacturers Deliver 529 Aircraft in Fourth Quarter – Up 20 Units from Q4 2016

by J. Kasper Oestergaard, European Correspondent.

In 2017, for the fifth consecutive year, Gulfstream was the largest general aviation aircraft manufacturer in the world by revenues. The company delivered 120 business jets worth a total of $6.6 billion. Photo: Gulfstream Aerospace Corp

According to the General Aviation Manufacturers Association (GAMA), in the fourth quarter of 2017, manufacturers worldwide reported higher deliveries than in 4Q 2016, but on lower revenue. Fixed-wing general aviation aircraft manufacturers delivered 792 aircraft worldwide in Q4 2017, up 4.6 percent from 757 in Q4 2016. Revenues declined 3.0 percent to $7.3 billion, mainly due to lower revenues reported by Bombardier and Embraer. Continue reading

Status Quo for World General Aviation Aircraft Deliveries in Q3 2017

U.S. Manufacturers Deliver 377 Aircraft – Down 6 Units from Q3 2016

by J. Kasper Oestergaard, European Correspondent.

Cessna delivered 29 units of its popular Grand Caravan EX turboprop in the third quarter of 2017, up from 22 in Q3 2016.  Photo: Textron Aviation

According to the General Aviation Manufacturers Association (GAMA), the third quarter of 2017 showed mixed results for the industry, but with some bright spots. Fixed-wing general aviation aircraft manufacturers delivered 531 aircraft worldwide in Q3 2017, down 1.1 percent from 537 in Q3 16. Revenues declined 0.9 percent to $4.1 billion, driven by lower revenues at Bombardier and Embraer. Continue reading

Business Jet Market Recovery On the Horizon

By Ray Jaworowski, Senior Aerospace AnalystForecast International.

Gulfstream G650

Gulfstream G650

Data from Forecast International’s innovative Platinum Forecast System® 3.1 show that a total of 12,282 business jets will be produced during the 15-year period from 2017 through 2031.  We estimate the value of this production at $354 billion in 2017 U.S. dollars. Continue reading

World General Aviation Aircraft Deliveries Increase as Revenues Slump at Gulfstream and Bombardier

U.S. manufacturers delivered 363 aircraft in Q2 2017 – up 8 units, or 2.3%, from Q2 2016

by J. Kasper Oestergaard, European Correspondent.

The Cirrus SR22T (piston) was the best-selling general aviation aircraft worldwide in Q2 2017, with 50 units delivered – up from 47 in Q2 2016.
Photo Courtesy of Cirrus Aircraft

According to the General Aviation Manufacturers Association (GAMA), the second quarter of 2017 showed mixed results for the industry, but with several bright spots. Fixed-wing general aviation aircraft manufacturers delivered 561 aircraft worldwide in Q2 2017, up 2.6 percent from 547 in Q2 2016. At the same time, however, revenues declined 1.2 percent, to $5.3 billion, driven by lower revenues at Gulfstream and Bombardier. Continue reading

World General Aviation Aircraft Market off to a Mixed Start as Revenues Slump

U.S. Manufacturers Delivered 311 Aircraft in Q1 2017 – up 32 from 2016

by J. Kasper Oestergaard, European Correspondent.

The Cirrus SR22 (piston) was the best-selling general aviation aircraft worldwide in Q1 2017 with 25 units delivered – up from 20 in Q1 2016. Photo Courtesy: Cirrus Aircraft.

According to the General Aviation Manufacturers Association (GAMA), the first quarter of 2017 showed mixed results for the industry – with several bright spots appearing. Fixed-wing general aviation aircraft manufacturers delivered 434 aircraft worldwide, up 2.8 percent  from 422 in the Q1 2016. However,  revenues declined as much as 10.9 percent  (to $3.6 billion), due to increased competition and lower prices. Continue reading

Business Jet Market to Resume Positive Growth Trend

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Cessna Longitude.

Cessna Longitude.

Although business jet production is unlikely to match the skyrocketing output seen in the mid-2000s any time soon, Forecast International’s Platinum Forecast System® shows that a total of 13,252 business jets will be produced during the 15-year period from 2016 through 2030.  The value of this production is estimated at a staggering $360 billion in FY16 U.S. dollars. Continue reading

Business Jet Prospects Brighten as U.S. Customers Return to the Market

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Cessna Mustang

Cessna Mustang

Forecast International’s latest analysis of the worldwide business jet market indicates that a total of 9,237 business jets will be produced in the 10-year period from 2015 through 2024.  We estimate the value of this production at $248 billion in constant 2015 U.S. dollars. Continue reading

G500 Makes First Flight

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Gulfstream G500

Gulfstream G500 (Source: Gulfstream Aerospace)

Gulfstream’s G500 business jet completed its first flight on May 18.  Unveiled in October 2014, the G500 is part of Gulfstream’s new family of clean-sheet, long-range business jets, which also includes the G600.

The G500 (N500GA) took off at 10:39 am local time from Savannah-Hilton Head International Airport in Georgia.  The aircraft climbed to an initial altitude of 3,200 meters (10,500 ft), and reached a maximum altitude of 4,572 meters (15,000 ft).  It achieved a maximum air speed of 194 knots.

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