“ While it may be tempting to use broad generalizations about the way business aircraft are most often used in America today, let’s not neglect the importance of business aviation as a crucial competitive asset to companies, an economic driver and lifeline to communities large and small. ”
Jet Deliveries Soaring, Says Manufacturers' Association
First-quarter figures from the General Aviation Manufacturers Association show no signs that the business aviation industry is yet feeling the impact of a sagging U.S. economy. The 297 jets delivered in the first quarter of 2008 represent a 41-percent increase over the 211 deliveries for the same period in 2007, according to the Washington, D.C.-based association. According to GAMA president Pete Bunce, manufacturers continue to see a trend toward deliveries outside the U.S. and some expect international sales soon to exceed 70 percent of their business. At press time, GAMA had not yet compiled second-quarter figures, but both Textron (Cessna and Bell) and General Dynamics (Gulfstream) reported strong numbers.