According to the annual shipments and billings report released February 21 by the General Aviation Manufacturers Association (GAMA), Textron Aviation continues to lead the industry in multiple segments.
The company reported “leading industry delivery achievements” across all its civil segments, including total jets; midsize jets; light jets; business and utility turboprops; and light, single-engine piston aircraft.
“Legendary status is not solely defined by numbers. It is earned through consistent commitment to our customers’ success,” said Ron Draper, President and CEO. “This achievement is a result of the collective efforts of our team, leveraging the talent of our employees, the expertise of our suppliers and the partnership and feedback from our customers.”
Per-model breakdowns of shipments and billings have not yet been released by GAMA. Overall, 2023 general aviation shipments and billings saw increases for across all aircraft segments compared to 2022, with shipments and preliminary aircraft deliveries were valued at $27.8 billion, an increase of 3.6%. Business jets shipments improved by 2.5% YOY.
“For the first time in over a decade, the general aviation manufacturing industry has eclipsed 4,000 aircraft delivered,” added GAMA President and CEO Pete Bunce.