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By Bill Goldston |
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February 17, 2010
– On Tuesday, the General Aviation Manufacturers Association (GAMA)
announced that 2009 worldwide shipments and billings of general aviation
airplanes were down in all categories.
“The worldwide
economic crisis, which included major constraints on credit, cutbacks in
flying hours, and downsizing and divestiture of business jet fleets,
forced manufacturers to take difficult steps in 2009,” said
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2009 also showed that the fastest-expanding markets were again outside Industry billings dipped to $19.5 billion, a 21.4 percent decrease from the 2008 record high of $24.8 billion, but the third highest year ever. 2009 worldwide shipments of general aviation airplanes declined for a second year in a row with a total of 2,276 units delivered, a 42.6 percent decrease over the previous year’s total of 3,967 airplanes. |
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GAMA is an international trade association representing 65 of the
world's leading manufacturers of general aviation aircraft, engines,
avionics and related equipment. GAMA's members also operate fleets of
aircraft, fixed based operations, and pilot training and maintenance
training facilities. GAMA is headquarted in |
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