Business View Magazine | June 2022

13 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 6 GAMA RELEASES FIRST QUARTER 2022 AIRCRAFT SHIPMENT AND BILLING REPORT T he General Aviation Manufacturers Association (GAMA) recently published the First Quarter 2022 General Aviation Aircraft Shipment and Billing Report. The aircraft manufacturing industry’s results for the first three months of 2022, when compared to the same period in 2021, point to increasing aircraft unit deliveries across each aircraft segment while the overall value of the aircraft shipments was slightly lower. “It is reassuring to see aircraft deliveries continue to show strong progress as we emerge from impacts of the pandemic,” said GAMA President & CEO, Pete Bunce. “It is especially encouraging to see piston airplane deliveries continue their positive trajectory and exceed last year’s numbers as well as the first quarter numbers of 2020 and 2019. This report shows increasing light airplane deliveries from a number of companies that have leveraged the new CS/Part 23 airworthiness standards for both new aircraft models and upgrades. The upward trajectory in light airplane segment is attributable to the regulatory reforms undertaken by several regulatory bodies that enable new technology and new aircraft and entrants. We are optimistic that further implementation of these standards across global regulators will continue to advance safety while bringing new and exciting aircraft to the GA market.” OPENING L INES