With Ex-Im Authorization in Limbo, GA Shipments Fall

Fixed wing deliveries drop by more than 6 percent

By Gregory Polek • Senior Editor

November 7, 2015

The general aviation industry shipped a total of 2,243 airplanes and rotorcraft in the first nine months of 2015 for a combined value of $18.5 billion, according to statistics released Friday by the General Aviation Manufacturers Association (GAMA). The statistics indicate a 6.5 percent decline in shipments in the fixed-wing segment compared with the same period in 2014 and a 5.9 percent decline in the rotorcraft segment.

“Although the industry’s performance among sectors in the third quarter remained mixed, new and recently certified business jet models helped raise overall billings,” said GAMA president and CEO Pete Bunce. “In the turboprop market, our agricultural aircraft sector has been particularly hard hit by the U.S. Export-Import Bank’s inability to make new financing guarantees since July 1. Therefore, we are very encouraged by the strong bipartisan support in the U.S. House of Representatives this month that complements U.S. Senate support in late summer to renew the Ex-Im Bank.

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