2007 Was Another Record Year (Thankfully) For GA Manufacturers
Just this past week, leaders of the General Aviation Manufacturers Association (GAMA) announced that the 2007 year-end shipment figures for the general aviation industry have led to another record high in industry billings.
Speaking at GAMA’s Annual Industry Review and Market Outlook Briefing, GAMA Chairman and Chairman and CEO of Cirrus Design Corporation, Alan Klapmeier, reported that a strong worldwide market, especially outside of North America, was a driving factor for general aviation in 2007.
“As these economies continue to expand, we expect general aviation to play an ever increasing role in these regions.” Klapmeier added, “Manufacturer backlogs are strong and we think this bodes well for 2008 and the years beyond.” Record industry billings totaled $21.9 billion, eclipsing last years’ figure by 16.5 percent.
Year-end, worldwide shipments of general aviation airplanes totaled 4,272 units, the most in more than ...
