"Shipments in the business jet and turboprop segments continue to rise steadily,” said GAMA President and CEO, Pete Bunce. “Expanding worldwide markets are having a very positive affect on the turbine segments of our industry.”
“Although total shipments in the piston segment are down for the first half of 2008, we believe recent success of the world’s premier general aviation show in Oshkosh, Wisconsin is a good indicator of sustained enthusiasm for the light end of the market,” said Bunce.
“The Experimental Aircraft Association reported that attendance at last week’s AirVenture held steady. Despite uncertainty with fuel prices and strength of the North American economy, the energy surrounding the entire spectrum of general aviation remains robust. Our piston manufacturers continue to generate excitement through new product introductions that incorporate innovative technologies and are paying increased attention to growth opportunities in the international market.”
General Aviation Manufacturers Association - News Release - WASHINGTON, DC, August 7, 2008