Turbine Aircraft Deliveries Continue to Slide in Third Quarter
GAMA Deliveries and Billings First Nine Months
Business aircraft were well represented in the static display at the 2011 Dubai Air Show in November. (Photo: David McIntosh)
Business aircraft were well represented in the static display at the 2011 Dubai Air Show in November. (Photo: David McIntosh)

While the trend of declining worldwide aircraft deliveries didn’t stop in the third quarter of the year, its pace did slow, according to statistics released last month by the General Aviation Manufacturers Association (GAMA).

Deliveries dropped by 9.8 percent during the first nine months of this year compared with the same period last year, while industry billings fell 10.2 percent to just over $12 billion from $13.5 billion. This marks the 12th consecutive quarter that GAMA members have reported a slide in deliveries.