Business Aviation Data Prompts
Cautious Optimism From Industry Leaders
February 24, 2011
- At a press conference held in
Washington, DC, Pete Bunce, President and CEO of the
General Aviation Manufacturers Association (GAMA) was
joined by John Rosanvallon, GAMA Chairman, and president
and CEO of Dassault Falcon, in discussing data and
trends impacting the industry in the U.S. and worldwide.
"We've been through two difficult years and fortunately, we are starting to see some positive signs,? declared Rosanvallon. For example, although worldwide shipments of general aviation airplanes continued to decline for a third straight year, the rate of decline appears to be slowing, and general aviation billings are on the rise. Furthermore, flight hours have witnessed an uptick in recent months, from the historic lows of recent years.
Rosanvallon said the industry?s turnaround has been helped in
part by a return in corporate profits, which traditionally drive
business aircraft purchases, coupled with an overall economic
recovery in the
Rosanvallon also pointed to the value of new opportunities in
the international marketplace in strengthening the industry?s
recovery. ?The North American market continues to account for
less than 50-percent of shipments for jets and turboprops,? he
said. ?Clearly, the global markets are helping us.? Rosanvallon
pointed specifically to the Asian market, noting: ?There's a lot
of discussion in our industry about
positive developments in the policymaking arena have also
contributed to the improving environment for business aviation,
Rosanvallon said. Specifically, he pointed to enactment last
year of ?bonus depreciation? legislation for accelerating the
cost recovery of strategic business purchases, including
business aircraft, as well as extension, through the end of
2011, of federal tax credits for expenses by companies ?
including aircraft manufacturers ? in research and development.
added that collaboration between industry and government would
remain essential to business aviation in the future. ?Our
manufacturers face unique circumstances, in that their ability
to deliver any product to market is dependent upon government
regulators certifying their work,? Bunce noted.
Bunce added that collaboration between industry and government would remain essential to business aviation in the future. ?Our manufacturers face unique circumstances, in that their ability to deliver any product to market is dependent upon government regulators certifying their work,? Bunce noted.
that at a time when government resources are severely constrained, a
more streamlined approach to the key priorities for business aviation ?
including policies related to safety, security and aircraft emissions ?
could help industry and government produce more effective policy
outcomes with greater efficiency.
?This industry has
not stopped producing product ? in fact, the pace has been
accelerating,? Bunce said. ?As our industry builds back to growth and
prosperity, we will need to work in industry-government partnerships
where there is tremendous pressure to do much more with much less. We
know that the world is waking up to business aviation, and we need the
regulators to be partners with us.?
Rosanvallon also took the opportunity to reiterate the importance of the
industry?s work to correct misperceptions about business aviation ? work
GAMA has undertaken, in part, through the No Plane No Gain advocacy
campaign, which GAMA jointly sponsors with the National Business
?The image of
general aviation is something that we have worked very, very hard on,?
Bunce said, noting that GAMA and NBAA quickly launched No Plane No Gain
after the now- infamous trip to
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