GAMA Reports Declines In 2016 Aircraft Shipments

Airplane shipments are down for the first half of 2016, the General Aviation Manufacturers Association reported Friday. There were 970 units shipped for the first six months of the year, a 4.5 percent decline. Billings for new airplanes fell 11 percent to $9.3 billion, while rotorcraft billings saw a 32.5 percent drop over last year, from $2.1 billion to $1.4 billion.
Source: avwebGAMA Reports Declines In 2016 Aircraft Shipments

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