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 →
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 →
Automotive manufacturers have a long history of dabbling in aviation, and vice versa. The Ford Trimotor quickly jumps to mind; however, it is a new business jet entry to the market that is making headlines. The HondaJet, a unique design in the aviation world, has recently entered production. The aircraft and the engines that power it are forecast to do well in the light business jet market.