The General Aviation Manufacturers Association (GAMA) has published its Q3 2023 aviation aircraft shipment and billing report which underlines a strong increase in deliveries across all sectors.
The GAMA research found the greatest rise in turboprops and piston helicopters over the first nine months. Piston helicopters gathered the largest increase of 15.3% which went up from 137 to 158.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
There were reportedly 439 turboprop deliveries in 2023, up from 383 in 2022, representing a 14.6% growth.
GAMA further reported a steady increase of piston aircraft of 11.9%.
The value of aircraft deliveries through Q3 2023 was reported at $14.5bn demonstrating an increase of 2.5%.
Pete Bunce, GAMA President and CEO, said he placed an emphasis on safety, technology and sustainability initiatives when looking at the industry’s growth.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataBunce said: “To achieve [steadfast industry growth], it is imperative that there is stability within our industry’s regulatory bodies and having a new permanent leader at the top of the FAA is a great start.
“It is also essential that Congress act now to pass an FAA reauthorization bill that provides the new Administrator and agency with the necessary direction and tools to strengthen and enhance the aviation system”.
