2003 turbine shipments topped 10-year average
Manufacturers delivered 518 new business jets last year, some 23 percent fewer than the 676 shipped in 2002, according to the annual year-end report releas
Manufacturers delivered 518 new business jets last year, some 23 percent fewer than the 676 shipped in 2002, according to the annual year-end report released last month by the General Aviation Manufacturers Association. Last year’s figure is the lowest level since 1998, when 520 business jets were delivered. Nonetheless, the number of shipments last year by all the manufacturers was close to the overall average of 523 business jets delivered over the 10-year period from 1994 to 2003.
An even better long-term picture emerges for business turboprops. The 210 business turboprops delivered last year represented a nearly 11-percent increase over 2002, and exceeded the annual average of 197 turboprops delivered from 1994 to 2003.
