Business Jet delivers reached their highest total since 2009, according to the General Aviation Manufacturers Association
Many of the new aircraft will find their way to both fleet and fractional operators providing access to shareowners and jet card customers
Glory days, well, they’ll pass you by
Glory days, in the wink of a young girl’s eye– Bruce Springstein
No doubt, many of those involved in manufacturing private jets recall fondly 2008. That’s when the industry delivered 1,317 new business jets. It was an increase from 2007’s then-record mark of 1,137 new private jets delivered. That busted the 2006 numbers, also a then-record of 887 units delivered.
With the Great Recession, deliveries of new private jets dropped to 874 units in 2009, even more to 767 in 2010, then 696 in 2011, before bottoming out in 2012 at 672 aircraft.
A new report from the No Plane No Gain uses CEOs to highlight how private jets can increase a company’s efficiency and profits
To help highlight the benefits of business aviation, No
Plane, No Gain, a group supported by the National Business Aviation Association
and General Aviation Manufacturers Association, has issued a new report that
includes endorsements from CEOs.
The membership of the General Aviation Manufacturer’s
Association recently outlined some of the way members give back
Business aviation supports over 1.1 million jobs and $219 billion dollars in economic activity in the U.S. The industry also supports businesses in over 5,000 communities, over 4,500 that don’t have commercial airline service. It is also on the front lines after natural disasters, bringing aide to the stricken and supporting first responders.
Airplane shipments increased 4.7%, to 2,443 units in 2018,
according to year-end results released by the General Aviation Manufacturers
Association (GAMA) today.
GAMA Chairman and Gulfstream Aerospace Corp. President Mark
Burns announced that globally, private airplane shipments increased 4.7%, to
2,443 units in 2018. Airplane billings increased 1.5%, from $20.2 billion to
$20.6 billion. Worldwide rotorcraft shipments rose 5.4%, from 926 to 976 units.
Rotorcraft billings decreased slightly, by 0.7%.
Business aviation provides companies big returns and Jet Cards are an easy way to access private travel with high levels of control and accountability
Users of private aviation know first hand how it can boost business. No Plane, No Gain is an industry organization supported by both the National Business Aviation Association and General Aviation Manufacturers Association and has gain supporters from a wide range of private jet users, including CEOs of major private and public companies. High profile endorsers have ranged from Neil Armstrong and Arnold Palmer to Warren Buffett.
When business aviation is featured in the media, it’s usually about celebrities or excess. The truth couldn’t be further, explains the General Aviation Manufacturer’s Association
Business aviation drives the economy in all 50 states generating over $200 billion in economic benefits, but one area that rarely gets recognition is the industry’s contributions to those in need.
TraqPAK reports 2017 was a good year for private jet operators, including fractional, charter and Jet Cards
Business aviation eclipsed three million flights for the first time since 2008, according to TRAQPak. Overall, total business flight activity in 2017 was at the highest rate of growth since 2014. Flight activity increased across all operational categories for a combined increase of 3.9%. The researcher said, 2017 produced year over year increases each month, with Thursday continuing to be the busiest day of the week for flight activity.