Covid-19 impacted private jet deliveries to 644 units, down 20.4% from 809 in 2019, and the lowest since 2004.
New private jet deliveries dropped by 20.4% from 809 in 2019 to 644 last year. It was the lowest total since 2004, according to the General Aviation Manufacturers Association.
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.