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Jet sales stable, helicopter sales take off in latest GAMA market update

Josh Coffman, GlobalAir.com

There is a growing buzz in the helicopter sales market, while business jet sales remain at a steady flight level. Those observations are among the conclusions found in the General Aviation Aircraft Shipment and Billing Report released by the General Aviation Manufacturers Association (GAMA) for the second quarter of 2023, released on Tuesday.

GAMA is an international trade association representing over 100 of the world’s leading manufacturers of general aviation airplanes and rotorcraft, engines, avionics, components and related services.

The report, based on a comparison with the same period in the previous year, indicates positive growth in various segments of the general aviation aircraft manufacturing sector.

Piston airplanes showed an increase of 11.4%, with a total of 713 units delivered. Turboprops experienced a more pronounced rise, registering a 17.4% increase and totaling 290 units. Meanwhile, business jets displayed a modest growth of 2.4%, with 296 units being delivered.

The overall value of aircraft shipments also saw an incremental gain, with the second quarter of 2023 witnessing a cumulative value of $9.2 billion in airplane deliveries—an increase of 1.4% from the previous year.

GAMA President and CEO Pete Bunce expressed measured optimism in light of these findings.

"The growth of our industry remains strong as manufacturers continue to deliver and take orders for new aircraft," he said. In a nod to the regulatory landscape, he emphasized the significance of stability, accountability, and a clear regulatory direction, especially within the United States.

Bunce underscored the importance of the FAA's role in this period of transformation for the aviation sector, highlighting the need for effective leadership. He also commended the bipartisan cooperation observed during the legislative process and expressed hope for the continued momentum in finalizing the FAA reauthorization bill. This, he noted, would enhance the agency's ability to ensure safety, drive innovation, and facilitate efficient regulatory procedures that support global aerospace leadership.

The report also shed light on the helicopter segment, which demonstrated noticeable growth compared to the latter half of 2022. Piston helicopter deliveries witnessed a robust increase of 28.7%, with 112 units delivered. Meanwhile, turbine helicopter deliveries recorded a substantial growth of 30.4%, with 339 units delivered. In terms of value, helicopter deliveries saw a collective increase of 29.9%, amounting to $1.9 billion.

The GAMA report comes on the heels of Global Jet Capital’s assessment of the second quarter and first half of the year.